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Usdchfidea

USDCHF SHORTS ACTIVE 📉📉📉📉 Expecting bearish price action on this pair as we are in a clear bearish market strucutre with bearish bos and lower highs / lower lows. I will take my short entry only if price will reach the premium market are on the fibonacci somewhere around 0.93500 + bearish orderblock on h4 as i think that area should hold for a SHORT. The retail heard is LONG on this pair and this should add more confluence to our trade What do you think ? Comment below..
Short
by AnonimFXRO
USDCHD LONGUSDCHF LONG ➖➖➖➖➖➖➖➖➖➖➖➖ If we see the support broken @ 0.93051 then the only scenario is that USDCHF going down to the support area @ 0.92650, but if the support hold the price @ 0.93051 area i expect the price to go up to and settle above resistance @ 0.93755. ➖➖➖➖➖➖➖➖➖➖➖➖ Please use small lots if you gonna trade on this idea. ➖➖➖➖➖➖➖➖➖➖➖➖ Please like, comment and share if you like my idea. ➖➖➖➖➖➖➖➖➖➖➖➖ My open position EP 0.93004 TP 0.93880 SL 0.92504
Long
by pmfxtrade
1
USDCHF Analysis 25/3/22 1hr Update: Would like to showcase my best trade from this week, I know my charts are messy but I would just like to show my logic for taking this trade, it had everything I was looking for, I just had to decide where my profit target was. this grey box was around the level I started to get out of the trade. I looked at the 4h structure and you can see from the topping out formation we made bearish structure, perfect retests of the 0.79-88 fib. once price yesterday made a retrace to the 0.79 I started looking for a short, my entry was actually on the 15 min chart and it was actually a 6 pip SL. I was close to being stopped but it held structure and continued dropping, we got stuck at the 93 level for hours and I did consider scaling in at this level but I left it. I seen a nice profit target, the market structure on the 4h bearish and we caught a lovely 7R trade I did only use 0.5% risk but a 3.5% is a good way to end the week!
Short
by ryanc49
1