Get started

Usdchfprediction

USDCHF | Still in DowntrendWhen it comes to USDCHF , it is still in downtrend. Now price is staying near good resistance area. You could short from this area by placing the stop above it. For more reference, please take a look into my previous idea that I have shared. If you find this technical analysis useful, please like & share our ideas with the community. What do you think is more likely to happen? Please share your thoughts in comment section. And also give a thumbs up if you find this idea helpful. Any feedback & suggestions would help in further improving the analysis. Good Luck! Disclaimer! This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Short
by maxprofwizard
USDCHF still looks bearish to me...I'm still looking for this one to form lower low levels and my ultimate target would be the 0.88 level, but for now, I'm still looking for this one to test the trend line on the weekly chart. The dollar is still weak and while hyperinflation is starting to kick in slowly I think we are going to see the dollar index falling a bit more and that can help us to pull down this one as well. My entry point is on the 1hr chart but my long-term technical analysis is based on the daily, weekly, and monthly. And as always RR is minimum 1:2
Short
by tomsabobiz
Usdchf bullish before drop ?Hi friends I just wanna share what i see on this market usdchf have great bullish structure however we can waiting for the dump on resistance area , we know that the beautiful third touch and channel will bring usdchf go down as well nevertheless we just waiting for confirm to buy before he fly , and confirm to short on third touch area if you guys want to take this scenario , i would recommend you to waiting for the best confirm as candlestick pattern inside the movements ! thankyou ~
by ITCFX
USDCHF Short with 3 confluences (Zero Indicators)LIST OF CONFLUCENES: 1. Trendline breakout showing bears are in charge. 2. Key support level broken. 3. Change in market structure and new low formed. Summary: Trade has the potential RR of about +- 2.7. Trade will be entered on Monday during NY session. Targets are set using fibs. We never risk more than 2% on nay trade. if we get sopped out we move to the next one. If T.P gets hit, we move on to the next trade. No emotions No B.S! No systems can win 100% of the time! No matter what strategy you are using!!!!
by NDOBObanks
1
USDCHF , Downward channel Hello guys In here , we have a downward channel that the price in moving between roof and bottom of them From 2 view of technical : At first from the classical view we are in downward channel and we expect from the roof of the channel when price impact to roof , fall down until reach the bottom of the channel In another view of price action we have a key and until the key is not break up and close candle above them the analysis is valid So we conclude that in the sell zone area because of we have 2 view resistance in here ( we told you why ) we should find a sign for sell , like reverse hammer or descending cover or ... Dont forget use stop loss after to take position and PLEASE DONT OPEN POSITION WITH YOUR EMOTIONAL Do it correct and go to the GOD Good Luck Abtin
Short
by Abtin00
USDCHF MONTHLY RISING WEDGE USDxxx (CHF,CAD,JPY) have always been in a down trend which mainly means DXY is doing the same and if you know when to enter it could be very profitable. Clearly a BEARISH TREND on Monthly, Weekly the market shows a breakout of the YEARLY BEARISH TREND RESISTANCE LINE but never broke above the previous LOWER HIGH to confirm a trend reversal. After the trend breakout we see a 6 YEAR CONSOLIDATION! Just bouncing 800+ pips from support to resistance. As of JULY 2020 the market BROKE OUT the yearly consolidation and is now RETESTING around .9400 Im expecting continuation of trend to the downside watchout for sell setups and just fib TP1 .7200 TP2 .6000
Short
by Juju103