potential buy setup HELLO TEAM, USDCHF has created a bullish continuation pattern the next 3/4 candles shall be very important to look out for
Usdchfidea
POTENTIAL LONG/ SHORT OPPORTUNITY ON USDCHFPotential Long then short opportunity on USDCHF.
Will watch price action on LTF and wait for my entry trigger.
USD/CHF Technical Analysis.Currently, USD/CHF is trading at 0.9146. The pair is trading in a downward resistance and support channel and just touched its resistance level. If the price goes below 0.9132, then it can start a new down trend and its target price will be the strong support level at 0.8988.
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Rishikesh Lilawat
USDCHF / LONGPrice is in weekly support area, wait for price to break structure and retest before long.. this could go a lot higher
usdchf !!!Hi traders and investors , if the price breaks the resistance with a great volume , the market will rise .
USDCHF Top-Down Analysis (Long then Short)Hello Traders,
Here is the Top-Down Analysis of USDCHF (Monthly, Weekly, Daily for direction and 4H for entry) for
Week 46 - Nov 09
M > Price has dropped to test monthly support again, for the third time in past 4 months.
W > Placing Fib on last bullish impulse we can see that price has already dropped till -0.272 Fib level. We can expect correction to the upside. We can also see bullish divergence.
D> Price is respecting downward resistance trend-line. We can see an M formation and expect price to move up till its neck for correction. Price can then drop to test weekly demand zone and move to the upside till daily supply zone.
As per COT CHF saw closure of both Long and Short, reducing net positions. SXY weakened during the said period however gained strength last week due to weak USD. We can see bearish divergence and expect some short term correction for CHF.
4H > Price ended the week with rejection to the upside however we have to use lower time frame for a reversal confirmation. We can see bullish divergence in 1H timeframe.
Pair Correlation > USDCHF negative correlation with EURUSD.
This was my Idea and I hope you find it useful. If you find the analysis of help please leave a LIKE and FOLLOW for receiving all updates during the week. In the comment section share your view or ask questions.
Thank You
AP17FX
USD/CHF Wave Analysis
The counter has been in a downtrend since the start of this year.
The price was consolidating in a narrow for the last few months which could be interpreted as wave 4 of Elliott wave.
Now it is on the brink of rendering a bearish breakout.
We expect it to breakdown and complete wave 5.
Two Sell Position : USDCHF 4HPrice entry: 0.91430
Take Profit: 0.90770
Stop Loss: 0.91730
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Price entry: 0.91430
Take Profit: 0.90380
Stop Loss: 0.91985
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.
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GWBFX
USDCHF 100 PIPS SWING TRADE 28/10/2020USDCHF
^ Trend-Bearish
^ Tendency- Bullish
^ Upward pressure
^ Strong bullish flag
^ 0.91000 resistance
^ Double bottom around 0.90340
^ USD is getting some bid
^ Secondary support level favoring bull
SWING TRADE-USDCHF
BUY ENTRY
Entry level @ 0.90900
Take profit @ 0.91900
Stop lose @ 0.90410
100 Pips target
Leave your valuable comments and suggestions related to this idea in the comment section.
Thanks for your time. Good day
USD/CHF BUY IDEAHey tradomaniacs,
welcome to a new free trading-setup.
Notice: This is meant to be a preparation for you! As always we will have to wait for a confirmation.
USD/CHF: Daytrade-Preparation
Market-Buy: 0,90940
Stop-Loss: 0,90680
Target 1: 0,91195
Target 2: 0,91350
Target 3: 0,91550
Stop-Loss: 26 pips
Risk: 0,5% -1%
Risk-Reward: 2,40
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
Buy now for Usd / ChfBuy now for Usd / Chf.
If you look at the current price, the price has broken the down channel. seen a reversal by breaking the blue line and trendline.
the blue line can become the RBS area (resistance becomes support)
USDCHF heads higherWe expect the pair to complete the Elliot wave double zigzag correction @ 0.93000 before we see an opportunity to sell
USDCHF: Will USA Election increase the selling pressure of USD?I see a shorting opportunity for USD/CHF
USD/CHF SELL SIGNAL Hey tradomaniacs,
welcome to a new free trading-setup.
USD/CHF: Daytrade-Execution
Notice: This time with a bigger stop-loss.
Market-Sell-Order: 0,90680
Stop-Loss: 0,90900
Target 1: 0,90460
Target 2: 0,90350
Target 3: 0,90180
Target for One-Target-Trader: 0,90350
Stop-Loss: 22 pips
Risk: 0,5% - 1%
Risk-Reward: 2,25
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
USDCHF LONGLooking for upwards momentum from here!
-Looking to take stop loss away at market open to avoid gaps or liquidity grabs at this price.
-5 to 1 R:R
-Gold looks ready to go lower which should take usdchf higher.
usdchf long 221 pipsReason: seeing some rejection on our resistive trendline showing sellers are still willing to push the market down + rising wedge inside our channel show a definite sell. Wedge has been broken and retested we use a pending order for safe havens
Let’s see if our sellers complete our wave :wave:
Small risk 1% of capital
USD / Chf time to buy, but not now.USD / Chf time to buy, but not now.
What I see from usd / chf at the moment is that the price has broken through to SnD2, at that time there was a bullish movement, then the price returned to point X to retrace.
Usually, when the price breaks the SnD twice, the trend has shifted.
at the moment I see Usd / Chf retrace, its validation is a few pips below X.
if the price continues to fall, the analysis to buy in the green area is definitely invalid.
