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Usdchfidea

USD/CHF Technical Analysis.Hello traders, USD/CHF is trading at 0.9296. The Pair is trading in resistance and support wedges from some time. If the price breaks the resistance level at 0.9308 then, it can star a new up trend. After breaking resistance level at 0.9308, there is a strong resistance at 0.9374 and that can be the target price for upward trend. Follow proper risk management strategy to avoid unnecessary losses and to increase profitability, don't risk more than 2% of your capital on each trade. Do follow us for future Forex trend analysis and Ideas. Thank you, Rishikesh Lilawat
Long
by rishililawat5
USDCHF Reversal! Soon Time To Long Hi Everyone 1DTF - Currently printing a Reversal pattern *Inverse Head and Shoulders * Right shoulder is currently in formation * enter trade once we complete the right shoulder with a candle close outside the resistance alternatively you can also wait for a back test of the neckline and then Long * SL will be below the last Swing low *Target determined via a measured move from the apex of head to the neckline giving about 6 % . All labeled and shown on the chart , any ques then ask , Like and Follow for more setups Please note this will take until May too play out so set alerts or follow the Idea within TV to ensure you dont miss out .
Long
by SJTRADESFUTURES
2
USDCHF short trade ideaPlan: trendline and support level breakout --> wait for the price to bounce off from resistance level --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar, etc --> SELL **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Short
by GWBFX
3
USDCHF - Expecting another push (Long)Hi traders I am expecting another push to the upside on USDCHF. Looking at current market structure and price action it seems to be lining up nicely. The only thing I need to see now is a clear break above the current resistance (red box) - going long at retest. Risk/reward 1:2. I am re-setting the stop to break-even once price hits 1R (dashed line). No trade without a clear brake! Let me know what you think in the comments below :) Good luck.
Long
by TFLOfficial