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Usdchfidea

USDCHF short trade ideaPlan: wait for the price to bounce off from trendline or 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
USDCHF Top-Down AnalysisHello Traders, Here is the Top-Down Analysis of USDCHF (Monthly, Weekly, Daily for direction and 4H for entry) for Week 43 - 19 Oct M > Price dropped below monthly support and faced rejection at next support level to move upside. W > Price moved up to our target M formation and faced rejection to drop down. D> We saw two W formations and expected price to drop down to test the neck which price for both formations. After testing neck of W formation we expect price to move up at least to test resistance it created in its last bullish impulse. As per COT CHF saw closure of few Long and addition of Short positions, reducing net positions whereas N-R saw addition of both Long and Short positions increasing cumulative net positions. SXY further improved its position during the said week. However SXY weakened last week. With DXY pushing for its recovery we can expect weak SXY in comparison. 4H > Price is slowly making HH and HL after reversal but it must break last LH to confirm bullish move, else price can continue to slide downward to test weekly support again. Pair Correlation > USDCHF negative correlation with Gold and 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
Long
by AP17FX
two important price rangeWith the completion of wave 2 in the range of 0.8998,the uptrend has started, which has confirmed by the break of the downtrendline. We are currently in a sub-ascending wave of 3 (the corrective wave of 2), this wave can be in the form of a Double Zigzag pattern and can beextended up to the range of 0.9067.However, we must consider that the range of 0.9051 is very important, and if the price crosses this range,it is a formation of a medium-term downtrend. Also, in case the price crosses therange of 0.9197, the uptrend will be confirmed.
by NirmataFX
USDCHF SWING TRADE 14-OCT-2020USDCHF-Technical analysis USDCHF got some minor rejection around 0.91000 key psychological level and bounced towards 0.91500 which is a .50 Fibonacci retracement level and at this supply zone the price was consolidated and then felled towards 0.91150 price action level which is acting as decent support coordinates with .382 Fibonacci level. The price will bounce from this level and the swing target would be 0.92000 which is a key psychological level SWING TRADE-USDCHF Entry point @ 0.91200 Take profit @ 0.92000 Stop lose @ 0.90750 80 Pips target R:R 1:2 Don't risk more than 1% of your capital
Long
by forexorbit
USDCHF long trade ideaPlan: resistance level breakout --> wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY **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
Long
by GWBFX
15
Daily Update__ Buy__USD/CHF-- W1Disclaimer: 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. this is not signal. it's my opinion. trade your own risk. and Must Follow Money management. _______________________________________________________________________________________________________________________________________________________ Thank you for your support!
Long
by morshedul-munna
USDCHF Top-Down AnalysisHello Traders, Here is the Top-Down Analysis of USDCHF (Monthly, Weekly, Daily for direction and 4H for entry) for Week 41 - 06 Oct M > Price dropped below monthly support and faced rejection at next support level to move upside. W > Price moved up to our target and faced rejection to drop down. D> We saw W formation and expected price to drop down to test the neck which price is doing now. After testing neck of W formation we expect price to move up at least to test resistance it created in its last bullish impulse. As per COT CHF saw closure of Long and addition of few Short positions reducing net positions. SXY was very weak for the said week. SXY was strong last week. 4H > We can see loss of momentum and expect reversal to bullish move. 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 you can share your view and ask questions. Thank You AP17FX
Long
by AP17FX