Usdchfshortsetup
USD/CHF Sell Idea 30/10/23Trade Details
Sell Limit
Entry: 0.90659
Take Profit 1: 0.89861
Take Profit 2: 0.88889
Take Profit 3:
Stop Loss: 0.90844
Key Notes
Order flow: Bearish
Trend: Bearish
Structure: Broken
Entry at order block (supply)
Disclaimer:
This is just a sample template and should not be used as financial advice. Always do your own research before making any trading decisions.
USDCHF SELLWait for a break of price at 0.98000, if price retests it will minimize the SL, if not, you may also take a short entry i.e sell entry for usdchf for around 40-50 green pips.
Price has made a double top on 1H timeframe, and another of 15M time frame(both shown in the chart), lower timeframe predicts the change of momentum from long to short.
Keep supporting, Happy Trading.
USDCHF SELL SETPrice moves in 3 phases, impulse, correction, impulse, I think we are now in the impulsive phase which started on the 3rd touch and been holding this sell from the top and will continue doing so until the bottom, 90% rule. Looking at the USDOLLAR Index chart, my forecast on that is that we will witness USD weakness for a few weeks to come and that is a major confluence and in line with my analysis. I hope this makes sense and you like the idea.
USD/CHF Trentrade Short opportunity !!Hello Trader,
good mood and profitable trades !
After doppeltop retest i expect a bearish movement !
USD/CHF
Short
1D chart
EW- Fibo-chartpattern
Trigger - Waiting for retrace in 0.618 - 0.786 area, and bearish confirmation in LTF
Target and R/R follow when i enter the trade 1
Remember that things can change too .
If you like this idea , support me with likes and comments !!
Dyor and trade save !
USDCHF Projections | Short on PullbackLooking to enter shorts on a pullback retesting a major broken ascending TL in confluence to the inner 0.618 fib retracement and previous area of support which is now key resistance. MA50 in respect to the structural breakout could indicate early signs of a momentum shift for next few trading days (despite the aggressive monthly close).
My sentiment on intra-day levels remains bearish. Hopefully the setup plays out and this isn't some sort of "fakeout".
USD/CHF Technical Analysis.Currently, USD/CHF is trading at 0.9146. The pair is trading in a downward resistance and support channel and just touched its resistance level. If the price goes below 0.9132, then it can start a new down trend and its target price will be the strong support level at 0.8988.
Follow proper risk management strategy to avoid unnecessary losses and to increase profitability, don't risk more than 2% of your capital on each trade.
Do follow us for future Forex trend analysis and Ideas.
Thank you,
Rishikesh Lilawat
USD/CHF Technical Analysis.Currently, USD/CHF is trading at 0.9095. The pair is consolidating in the resistance and support wedges. The price is moving towards its resistance level at 0.9133 and it can rebound back after touching resistance level. The pair is consolidating from some time but the overall trend is a downtrend. So, it is possible that after it rebounds from the resistance level, it can break its support level at 0.9061. If it breaks the support level, then its first target price will be at 0.8946 and the second target price will be at 0.8875.
Follow proper risk management strategy to avoid unnecessary losses and to increase profitability, don't risk more than 2% of your capital on each trade.
Do follow us for future Forex trend analysis and Ideas.
Thank you,
Rishikesh Lilawat
USD/CHF Technical Analysis.Currently, USD/CHF is trading at 0.9077. The pair is consolidating in the resistance and support wedges. The pair may start a new downtrend if it breaks the support level at 0.9058, likely the pair may rebound back after touching support levels and continue to consolidate. If the pair starts a new downtrend, after breaking the support level, then its first target price will be at 0.8898 and the second target price will be at 0.8799.
Follow proper risk management strategy to avoid unnecessary losses and to increase profitability, don't risk more than 2% of your capital on each trade.
Do follow us for future Forex trend analysis and Ideas.
Thank you,
Rishikesh Lilawat