USDCHF 1 HR LONGHello to all watching my charts
Here is a fine situation to check what channel trading can do for you.
I have marked the long channel here with +/ 2 and timeframe is 50
in a 1 HR chart.
So you can copy that in your tradingview chart and see whats going on next week.
At the moment the long signal is going for so for new positions
long is too late in my view.
But if you copy you will be able to check yourself whats going on
For any help needed send me a bordmail.
Best regards
Renkotrade
Usdchfprediction
Possible Pullback then Down Trend for USDCHFPossible move for USDCHF. Price has recently made a big move to a local support line which usually results in a strong pullback for the immediate next bar. I believe this will be the pullback move to the trend line and then the price will continue to head downwards as you can see from my arrows. I will wait for conformation from the next candlestick and then enter the trade in 2 days when/if the 2nd candlestick comes out in my favour. Price has also moved below the 200 and 50 EMA indicating a long term short bias. Keep an eye out for updates. FX:USDCHF
USDCHF Daily Harmonic But Analysis and StrategyWe are predicting the bearish Bat Pattern to complete as shown on the daily chart. Price action is showing a downward trend giving the pattern confirmation. We still have an open short position which we will close at the completion of the predicted pattern. FX:USDCHF
USDCHFDollar against the Swiss Frank is currently on a strong support level, it may bounce to be a long or it may break the support and go on a short, in anyways, I posted this just to let other traders know that they should put on eye where chf goes next week, probably we may consider a trading pair for next week.
Hope everyone had nice profitable week and wish all is well with you guys.
Have a nice weekend.
USDCHF, WILL THE BEARS RUN?Hello traders, today we bring you an analysis of the USDCHF, we are expecting a drop, however we do not have the needed requirements to open a position yet.
We recommend you to wait for a break of the trendline or a touch in our resistance level followed by a reversal candle (closure), you can also look for entrys at the 15MIN and 1H timeframe!
Best of lucks,
GlobalYouthTrading