Usdchfshort
USDCHF - Daily Trade Idea - 11-Nov-22USDCHF (SHORT)- If all the resistance holds in place.
If we see the Resistance broken out then we could see the shift in the trend.
I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry.
- Rejection Candle Formation - Red Candle after the Green Candle.
- Stochastic - Overbought Area
- Timing of entry Prior / during UK / US Market Session.
USDCHF: Breakout DONE! Try to SHORT this market!Hello, everybody and welcome to Cybernetics Trading Lab, today we are going to analyse the USDCHF, translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities.
Top Down Technical Analysis:
Since the beginning of September 2022, the price has been moving following a clear rising wedge, hitting and bouncing on an important previous swing at about 1.00650.
Since then, the price consolidated in a box range of 250 pip, and recently broke the main structure and consolidation phase.
Considering the potential bias of market reversal, and enough LTF confluences in line with the overall momentum, we expect a bearish movement, targeting the next swing low at around 0.97500.
When, where and why would we step into the market?
Before entering short in this market, we will be waiting for the price to complete its corrective move after breakout, retracing more and forming a deeper structure, potentially enough for the next further down move.
A breakout and proper RR, would be our entry, considering the strong bearish momentum.
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Cybernetics Trading Lab
DISCLAIMER
Please note the views are not investment advice and should be used only for educational purpose.
Probable double top in USD/CHF , time for a drop?USD/CHF has rallied strongly over the last few trading days. However, the rally has come to a
halt in the previous high at 1.0140.
There is a likelihood of a reversal if the resistance at 1.0140 holds.
So, I would urge traders to consider sell trades between 1.0100-1.0140 with a Stop loss above
the resistance level and TP at 0.99.
Selling USDCHF into current resistance.USDCHF - 10h expiry - We look to Sell at 0.9919 (stop at 0.9946)
Short term bias has turned negative.
The bearish engulfing candle on the 4 hour chart is negative for sentiment.
We look for a temporary move higher.
50 4hour EMA is at 0.9928.
Our profit targets will be 0.9851 and 0.9841
Resistance: 0.9900 / 0.9920 / 0.9950
Support: 0.9880 / 0.9850 / 0.9830
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Selling ongoing break of USDCHF low.USDCHF - 13h expiry - We look to Sell a break of 0.9835 (stop at 0.9861)
Our short term bias remains negative.
There is no clear indication that the downward move is coming to an end.
A break of yesterdays low would confirm bearish momentum.
We look for losses to be extended today.
Our profit targets will be 0.9771 and 0.9761
Resistance: 0.9880 / 0.9920 / 0.9950
Support: 0.9836 / 0.9800 / 0.9780
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
USDCHF - Daily Trade Idea - 9-Nov-22USDCHF (SHORT)- If all the resistance holds in place.
If we see the Resistance broken out then we could see the shift in the trend.
I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry.
- Rejection Candle Formation - Red Candle after the Green Candle.
- Stochastic - Overbought Area
- Timing of entry Prior / during UK / US Market Session.
USDCHF ! Trading at uptrend line, short trade idea.USDCHF broke the horizontal support of 0.99150. Right now, USDCHF is trading around the 4hour up trendline. For today, check will yesterday's level of 0.99150, then I think it will go down to 0.98400, If the level of 0.99150 is broken up, USDCHF is expected to rise to the level of 0.99700.
USDCHF - Daily Trade Idea - 8-Nov-22USDCHF (SHORT)- If all the resistance holds in place.
If we see the Resistance broken out then we could see the shift in the trend.
I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry.
- Rejection Candle Formation - Red Candle after the Green Candle.
- Stochastic - Overbought Area
- Timing of entry Prior / during UK / US Market Session.
USDCHF - Daily Trade Idea - 7-Nov-22USDCHF (SHORT)- If all the resistance holds in place.
If we see the Resistance broken out then we could see the shift in the trend.
I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry.
- Rejection Candle Formation - Red Candle after the Green Candle.
- Stochastic - Overbought Area
- Timing of entry Prior / during UK / US Market Session.
USDCHF - New expansion expected ✅Hello traders!
‼️ This is my analysis on USDCHF .
Here we are bullish from all timeframes perspective, so I am looking only for longs. I expect price to make continue the retracement and then to reject from bullish orderblock + institutional big figure 0.99000.
Like, comment and subscribe to be in touch with my content!
USDCHF: Top of the structure, looking for Market Reversal!Hello, everybody and welcome to Cybernetics Trading Lab, today we are going to analyse the USDCHF, translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities.
Higher timeframe:
Lower timeframe:
Since the beginning of September, the market started rising up into a corrective formation, recently approaching its previous swing at the top of the main structure. A double top and a rising wedge around that area, are a first clue of a potential losing of momentum, with the possibility to see a market reversal.
In lower timeframe, the market is still performing a series of random short term movements, still moving slightly to the upside.
When, where and why would we step into the market?
The overall Bias for this market is quite bearish considering how many times the market got a rejection on the current level, however not yet many LTF confluences to enter any short position.
We would be waiting for more confluences during the upcoming trading week but the best and moderate trading setup at the moment, is to wait for the market to break the main structure to the downside, entering short on the first bounce and/or at the correction after breakout.
Note that a breakout of the current swing and further bullish price action at the same level would invalidate the short bias analysis and the overall setup!
If you enjoy this trade idea, please support our work with a thumb up and don’t forget to follow our social medias!
Sincerely,
Cybernetics Trading Lab
DISCLAIMER
Please note the views are not investment advice and should be used only for educational purpose.
Best Short it the whole Forex market is nearI believe that green line above is best position to be in short on USDCHF and you can really count on it with 100x leverage or even 200x if it gets hit.
it can dump so drastic to those blue trend lines in below, like in one downtrend, very fast, very drastic, but of course for that section we have to wait and see how market moves.
Email me for consultant on charts.
USDCHF TRADE.Hello traders around the world.
My name is Alexandre Karim.
Let me explain for you how I planned to take a short position on USDCHF.
First of all, on the higher time frame (Weekly chart), we can see that the price reached a key area at 1.01436.
This area is great for short positions + the gravity is to the downside because the price created an ascending channel since Jan 2021.
On the lower time frame (4H), we can see that there's another ascending channel with a corrective behavior heading towards 1.01436 area.
The price later on reached the lower TL of the 4H ascending channel and created a bearish flag as a re-test signaling more downside especially when the price broke the 4H TL (Ascending channel).
After that , the price went up correctively reaching the previous bearish flag (Around 1.00315) I was waiting for the price to touch the upper TL of the ascending channel + the rejection line (Intersection).
I personally took this trade as a sell limit entry .
The pattern that I was waiting for is a double top (@ 1.00315) then breakout of the ascending channel (0.98659 till 1.00309). The breakout was at 0.99934 & thats when I moved my SL to BE.
PS: Always risking 1% of the account per trade.
WHAT MIGHT BE THE NEXT SCENARIO?
I will personally be waiting for a continuation pattern on the 1H chart as a bearish flag to take a double position.
Also, I will be trailing this pair and locking above 1H corrections to secure %
Risk management is crucial.
Patience is key.
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