Usdchflong
USDCHF LongTime Frame: 4H
Symbol: USDCHF
Entry: 0.98401
TP: 1.00978
SL: 0.96565
Bias: Long
The pair rallied upto 3% or above for the last eight weeks and still it is on the same side. In spite of being RSI at oversold territory, the bullish mood is still predominant and we are looking for a long opportunity.
USDCHF - Daily Trade Idea - 4-May-22USDCHF (LONG)- If all the support holds in place.
If we see the Support broken out then we could see the shift in the trend.
I marked the TP 1, TP 2 , TP 3 and EXIT (SL) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session and only enter if we have the final confirmation for entry.
USDCHF - Daily Trade Idea - 3-May-22USDCHF (LONG)- If all the support holds in place.
If we see the Support broken out then we could see the shift in the trend.
I marked the TP 1, TP 2 , TP 3 and EXIT (SL) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session and only enter if we have the final confirmation for entry.
USDCHF WEEKLY, BROKE 0.9470, TESTING 0.9547, BULLISH?USDCHF Broke double top 0.9470.
Now at critical level above MA 200 Weekly and near Resistance 0.9547, also at median bullish trendline (from November 2020 to September 2022).
Break and hold above 0.9547, open the way to target 0.9639 & 0.9650.
Strongest resistance at 0.9901.
Failure at 0.9547 could push USDCHF lower back to 0.9470.
Below 0.9470 potentially retest 0.9296.
Below 0.9296 potentially retest 0.9091.
USDCHF riseThis pair has continued to unfold as projected, albeit there some variations in the expected formations of the projections made. Executing according to plan has worked successfully over this month.
I am waiting to see market structure form over the next couple days as this is when I anticipate my next move forming accordingly.
Patience is key, I anticipate continued rise toward 0.9800 price region