Usdchfshort
USDCHF H1: Bearish outlook seen, further downside below 0.9690On the H1 time frame, prices are approaching the resistance zone at 0.9690 which lines up with the 61.8% Fibonacci retracement level. We could see a reversal below the 0.9690 resistance zone to our support zone at 0.9600 which is also the graphical support zone and 23.6% Fibonacci retracement. Stochastics is testing resistance at 98.11 as well with a bearish divergence seen as highlighted in red, supporting the bearish bias.
USD/CHF At Tempting Place , Risky Short Setup Now This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
USD/CHF uptrend could face some resistance at this levelUSD/CHF is in a continuous uptrend for the last few days. However, price is reaching a key
level where it could face some rejection.
0.9640 is an important level for both the bulls and bears. But, there is a likelihood of a price
rejection at this level.
My recommendation for traders is to wait for some bearish candlestick formation in this level.
If bearish candlestick formation takes place, selling USDCHF@0.9640-0.9660 with SL above 0.97
and TP at 0.95 would be potential sell trade.
⁉️ USDCHF - Market AnalysisHello traders!
⁉️This is my analysis on USDCHF .
Here we are in a bearish market structure, so I am looking only for shorts. I expect price to go a little bit higher to fill the imbalance and then to reject from bearish orderblock + institutional big figure 0.96000.
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USDCHF Possible SellUSDCHF Possible Sell
Engulfing price moving down and away from the consolidation area starting to Flag back back to the return of the initial engulfing move so a potential area of POI for the Entry all with the HIGH to LOW Range
If this set up breaks the SL area then i have marked up another area of POI within the same range for a possible target to return to before selling off again
⁉️ USDCHF - Market AnalysisHello traders!
⁉️This is my analysis on USDCHF .
Here we are in a bearish market structure, so I am looking only for shorts. I have 2 points of interest, first one if price fills the imbalance and rejects from institutional big figure 0.95000, the second one if price goes to fill the imbalance above and rejects from bearish orderblock.
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USDCHF - Daily Trade Idea - 15-Aug-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, TP 2 , TP 3 and EXIT (SL) 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 and only enter if we have the final confirmation for entry.
USDCHF - Daily Trade Idea - 12-Aug-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, TP 2 , TP 3 and EXIT (SL) 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 and only enter if we have the final confirmation for entry.