Usdchfprediction
USD/CHF may resume the uptrend very soonOverview - USD/CHF is in a correction wave from the last two weeks.
However, price is currently finding support in the 0.9180 level and the uptrend may resume
very soon. Let us analyze and take a look at a possible buy signal for USD/CHF.
Analysis - From the chart, you can see that price is above the 100 day
moving average, which indicates that the uptrend is intact. 0.9150 to 0.9220 could act
as a strong support level. Bullish reversal candlesticks have already formed at the support level.
Probable trade set-up - Based on this, a buy entry between 0.9170 to 0.9220
with SL below 0.91 and TP at 0.9470 is a possible buy signal for USD/CHF.
Disclaimer - This is simply an analysis and not a trade recommendation. The trades will be
executed only if it meets the required criteria.
USDCHF BIG BUY/LONG OPPORTUNITY!Technical Analysis
1. Potential Inverse Head & Shoulders
2. Market broke out from Resistance Level and Retraced to Previous Resistance Now Turned SUPPORT
3. Area of Confluence with Horizontal Support Structure, Trendline Pivot Point, EMA 60 and 200
4. RSI current at OVERSOLD Level
Projected Mirrors, Take Profits and Re-Entries
Buy Entry: 0.92316
1st Take Profit: 0.96702
1st Re-Entry: 0.95522
2nd SAFE Take Profit: 0.98351
2nd Re-entry: 0.93886
Analyzing USD/CHF and taking a look at a low-risk buy set-upOverview - Recently, USD/CHF has slid below the 0.93 level.
However, on the lower end of the 0.92 level there lies some support. Let's
take a look at whether buyers have a good chance.
Analysis - From the chart we can see 0.9220 level can provide some support
if price drops to that level.
Probable trade set-up - Based on the support level, a buy entry at 0.9220 with
SL below 0.9180 and TP at 0.94 is a low-risk trade set-up.
Disclaimer - This is simply an analysis and not a trade recommendation. The trades will be
executed only if it meets the required criteria.
USD/CHF Elliott Count !! Trade the 5.WaveHello Elliott-heads !!
My count:
We are currently in the 4th wave of the 5th. The probability that we will retrace to 0.236 -0.38 is very probable.
My personal goal lies at 0.95
Entry 0.93599
Target 0.95031
S / L 0.9314
R / R 3.12
Traders, if you liked this idea or have your opinion on it, write in the comments, I will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Dyor and trafe save.
USDCHF sales from the level of the main target 0.88770USDCHF sales from the level of the main target 0.88770
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