Short USD/CHFConfluences:
+ Trendline
+ Round number
+ Fibonacci Retracement 0.6 + 0.7
+ MACD Divergence
+ Pivot Point
+ Flip Zone
- Take Profit:
+ next Support / Resistance
+ Or Price Action ( My Favorite way )
Usdchfprediction
USDCHF| FALLING WEDGE|ANALYSISPRICE ACTION:
• Price action finds first resistance (1), where it reverses direction and goes downwards till
finding first support (2).
• Price action reverse direction from support (2) and goes upwards, till finding the second
resistance (3) which must be lower than the first resistance (1).
• Price action reverse direction from resistance (3) and goes downwards, till finding the
second support (4), which must be lower than the first support (2).
• The pattern is completed when price action reverse direction from (4) and goes upwards till
it breaks the wedge's upper border at point (5).
TRADING THE PATTERN
• Trade entry: after breaking the wedge's upper border at point (5), with an entry after
confirming the breakout.
• Take profit: identified by measuring the vertical distance from the wedge's highest high (1)
to the wedge's lower border, that measurement is then applied from the breakout point
(5).
• Stop loss: the wedge's lowest low (4).
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USDCHF | Possibly a break of the downtrend line +180 PipsWelcome Back.
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It may rise towards the ascending trend line and possibly re-test the trend line and then break it according to the scenario that you set
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USDCHF LONG SETUP IN THE FUTUREThe price reached the bottom of a downtrend, but since we can't really talk about a bottom of a downtrend, it will be a risky trade, because trend is our friend, right? and we should trade in the trend direction. So if we take a look at the RSI combined with the bollinger bands, we see that the price reached the low level on all timeframes. We will wait until the price breaks the 15 min downtrend of the leg and retests the previous high of the 15 min. We may enter around the 0.89500 level after the retest was made, at the closure of an engulfing bar which will break the previous ones. TP1-0.89870, TP2-0.90300, SL-below the low of the 4h, for a safe one.(around 0.89030), or a tight one, below the higher low that will be created, i'd say 0.89230 is a good one.
UsdChf- to break important supportThe trend for UsdChf is strongly and clearly down. Since the recent touch of 0.9 support, the pair traded in a 200 pips range and I think this range is about to broken down.
With DXY also strongly bearish, UsdChf can drop to 0.87 zone in the medium term.
0.9050-0.9070 could be a good place to search for selling signals.
My bearish outlook is negated by a daily close above 0.92
USDCHFAlthough there is a strong bearish channel but I see a possible upward move in USDCHF currency pair,
USDCHF 100 Pips Swing trade Will it break 100,200 EMA resistanceUSDCHF
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⏳14 Hour chart
🎲 Swing trade
⛳️Bullish entry
—————-❇️——————-
Detailed analysis 💬
1️⃣ 0.90000 Swiss national bank intervention level
2️⃣ 0.90000 Strong trend reversal area
3️⃣ Positive risk sentiment, Vaccine news, Selling off CHF
4️⃣ RSI has reached around 39.00 Oversold condition
5️⃣ MACD about to cross the signal line, histogram is slowly fading towards green
6️⃣ Stochastic reached below 25 Oversold condition
7️⃣ Short term Technical support - Bullish
8️⃣ 50,100,200 EMA cluster resistance for bull
9️⃣ Bollinger bands reached lower side of the band
🔟 Possible swing target-0.91400 (23.6% Fibonacci) Point of control area
#️⃣ Overall long-term trend- Bearish
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Bullish entry #usdchf
Entry price -0.90400
Take profit 01 - 0.90900 (50 Pips)
Take profit 02 - 0.91400 (100 Pips)
🚫 Stop lose 0.90050 ( 35 Pips)
⬆️ 1.11% Growth expected
⤴️ Account growth .39 : 1.11
✅ Risk reward ratio 1 : 2.84
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USDCHF, A BIG PICTURE....Monthly,Weekly Channel Broken.
0.90 seems to be strong rejection.
Dollar is making recoveries so there's a probability
that it will hold that zone if monthly candle closes
above 0.9 zone.
USDCHF buy at bottom target 0.94USDCHF is making a correction from the upside move, watch lower time frames to buy, target 0.94
USDCHF - Expanding Diagonal PatternThe upcoming pattern is too rare, the analysis may confront error. If the pattern is detected correctly, we should wait for the price to rise to the level of 0.9296 as an initial target.
We will get the confirmation of this pattern, when the price crossing the range of 0.9147.
USD/CHF Technical Analysis
The counter has been coiling within a 300 pip range.
Now, it is at the lower end of the range and taking the support.
We expect the pair to head higher to the upper end of the range.
USDCHF Awaiting a push up to the upsideI ma expecting a breakout of the corrective pattern as shown on the chart, Confirmation level, and invalidation level is as shown on the chart analysis
SELL SELL SELLhello team. head and shoulders pattern has formed. lets look to profit on the weak USD
USD/CHF SELL IDEAHey tradomaniacs,
welcome to a new free trading-setup.
Note: This is meant to be a preparation for you. as always we will have to wait fora confirmation!
USD/CHF: Day-Swingtrade-Preparation
Market-Sell: 0,91265
Stop-Loss: 0,91555
Target 1: 0,90915
Target 2: 0,90700
Target 3: 0,90375
Stop-Loss: 29 pips
Risk: 0,5%-1%
Risk-Reward: 3,10
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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Any questions? PM me. :-)
📢USD/CHF Possible short setup next week 🔔Hello fellow traders and investors. Looking at this pair we have a potential short opportunity. Again with the weak US dollar this pair could sink. Always keep in mind Market condition can flip. This pair is on the watchlist for next week 👀👀 If you like the Analysis feel free to drop a like and leave comment and follow, we are grateful for all the love out there and we will share the love back 🤍
USD/CHF Wave Analysis
The counter has been in a downtrend since the start of this year.
The price was consolidating in a narrow for the last few months which could be interpreted as wave 4 of Elliott wave.
Now it is on the brink of rendering a bearish breakout.
We expect it to breakdown and complete wave 5.
USDCHF 60 PIP SELL USDCHF showing great potential for a 60 PIP drop. Currently we are sitting at a strong zone of resistance on the 4hr that recently was rejected. We can clearly see beforehand a bearish trend was predominant in the market and we recently saw a break of this trend to the upside. Taking this into consideration i believe we will get a pull back from this break which with the strong resistance level we are currently situated at leads me to believe it will happen very soon. Furthermore the RSI(10) is also showing an oversold zone which can also be seen in multiple other points on this significant area. Unfortunately 200 EMA is currently not showing much for a short. We could see the trade potentialy go further if it then breaks the support at which i have set TP and once again test the lowest low.
