USDCHF heads higherWe expect the pair to complete the Elliot wave double zigzag correction @ 0.93000 before we see an opportunity to sell
Usdchfidea
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
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Peace and good trades
Irasor
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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.
USDCHF 4H LONG OppotunityUSDCHF at strong support expecting it to push higher toward the next zone of resistance
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.
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GWBFX
USD/CHF Wave Analysis
The counter is currently in an ABC correction.
It is now in its final stage for wave B looking out for support.
We expect the pair to find its support around the current price point and head higher.
Double ZigZag on Wave 2 As mentioned in the previous analysis, it is possible that corrective wave 2 is a Double Zigzag pattern. We are currently at the end of this corrective movement. However, this corrective movement should not exceed the range of 0.90514. In addition, by crossing the 0.9197 price range, the uptrend scenario will be confirmed.
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
USDCHF FORECAST UPDATEPrice broke out from correction trend line, almost missed the opportunity but fortunately there is still room for a trade
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.
USDCHF, where to buy ?USDCHF shows an opportunity for buy. A breakout of the neckline and a bullish candlestick confirmation is expected at this region.
Ideal stop loss is price region below the right hand shoulder.
Target is as shown on the chart
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
UsdChf outlookUsdChf found a strong bottom in 0.9 zone and after the first rally from this point, the pair is rolling back towards the buy zone.
I will look to buy dips for this pair with a target around 0.93 and a R:R of more than 1:2
