Usdchfsell
USDCHF - FOREX - 27. JAN. 2020Welcome to our weekly trade setup ( USDCHF )!
-
1 HOUR
Bearish market at its resistance
4 HOUR
We should see a bearish drop shortly
DAILY
Overall sellers trend with a pullback, good short entries!
-
FOREX SETUP
SELL USDCHF
ENTRY LEVEL @ 0.97130
SL @ 0.97350
TP @ 0.96690
RR: 2.0
Use 0.5% risk!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
USDCHF - FOREX - 22. JAN. 2020Welcome to our weekly trade setup ( EURGBP )!
-
1 HOUR
Bullish break above previous highs
4 HOUR
Bullish pullback towards previous resistance zone
DAILY
Great short entries, prices very high at actual range.
-
FOREX SETUP
SELL USDCHF
ENTRY LEVEL @ 0.97130
SL @ 0.97560
TP @ 0.96280
RR: 2.0
Use 0.5% risk!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
#USDCHF, We are before a serious declineThe candles are located under the Ichimoku cloud.
The candles are placed below the average moving lines 100, 200.
The USDCHF broke the support line by $ 0.9656
All signs show a continuing weakening of the USDCHF so our recommendation will be Sell.
Target: 0.9340
FURTHER SELLING POTENTIAL ON USDCHF At the moment USDCHF is sitting at critical support and is showing potential for price to retrace ( and gain bearish momentum) before making new lows. If price does indeed move bearish, we will be looking at the two levels i have marked as take profit levels. I would advise scaling out part of your position at the first take profit and allowing the rest to ride risk free.
USDCHF SHORT IDEAOverall this pair I believe still has further more downside potential. Now that we’ve rejected some key levels & broken trendline/structure, this makes my bias even stronger for sells on this pair.
After such a strong impulse move down. Let’s wait for price to retrace to the 50/61.8 fib level to get a retest of That broken trend-line before considering shorting this pair.
Or alternatively wait for price to break daily resistance level and grab a entry on the retest of that level for a bit safer entry.