Usdchflong
Potential Crab Forming 🦀USDCHF - Trading with the weekly bullish bias and away from the strong weekly support, weekly low and .886 pullback, we have good confluence here for a swing trade long, we do have LTF confirmation too (Liquidity level, BOS and reversal pattern)
Let me know your thoughts!
** Disclaimer ***
These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a specific partial taking strategy giving me a very high win rate and take most of my profits very early, I only leave a small % of my capital to run the entire trade. On the flip side im constantly monitoring LTF momentum and will close early if things change, these analysis's are for research purposes only.
USD/CHF should move UP!Hey tradomaniacs,
USD/CHF is getting interesting 👉
After a fakeout below the trendline and SUpport-Zone we`ve seen another strong move above and so no classic S&R-Flip.
Price is currently rejecting the support-zone once again! if confirmed we get a nice long-Setup here!
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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💎 USDCHF LONG IDEA 💎
price have been rallying up since 07/01/21 and kept on printing higher highs / lower lows , price is obviously still bullish in big frames .
the daily/weekly closure is under 0.9242 a strong resistance area that made price bounce back to 0.9182 , so we might see some correction next week toward 0.9106 level before a bullish continuation toward the major target and key level at 0.9239 and whenever it breaks a continuation run toward 0.9358 and also possibly to 0.9471 .
so since price is still bullish and bullish structure is still intact I'll only keep looking for possible intraday buys and scalp buy .
if you like the idea please smash the like button and make sure to follow for more analysis and to make sure you don't miss any .
what are you thoughts ? make sure to comment em down bellow .
USDCHF Analysis 7/1/2022 1hr Possible trade entry here, depending on what price does, there are several factors that are playing against this idea but It's not a big deal if the entry does not get triggered.
the grey lines across the chart is the previous days high/low. price has broken the high today showing upward momentum here. looking for an OTE entry position here chasing higher highs.
entry at the 0.618 aiming for price to hit the 0.79 retrace zone, before hitting the previous highs ending the week on a good note.
the things to consider is that its Friday so usually a boring day, still no excuse to not try and catch a nice entry, I am still learning here so there could be several things wrong with this position but you don't know if you don't try and time will tell on this one!