USDCHF - Long from bulish order block ✅Hello traders!
‼️ This is my perspective on USDCHF.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective after price changed the character, so I am looking for longs from discount zone. I expect price to continue the retracement to take liquidity below equal lows, to fill the imbalance and then to reject from bullish order block.
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Usdchfsignal
usdchf updatealthough chf looked there is a good chance for a short position, I had an SL last week. after hunting 2 major demand zones, chf had engulfed a good place and now is there are 2 setups, a long and a short which are visible on chart,
⚠️ Notice:
I will enter one third of my position when price touch the box and the rest of it in the middle of the box. My TP would be R/R=3 and 5.
Please trade with your own money management methodology and be aware that trading has its own risks and rewards.
Good luck ❤️
USDCHF : Long Trade , 1hHello traders, we want to check the USDCHF chart in the 1-hour time frame. The price is moving in an ascending channel and after breaking the key level between 0.89900 and 0.90000, it has pulled back to this level. We expect this. The level should act as a support level for us and maintain the upward trend and cause the price to grow up to the specified targets. Good luck.
USDCHF buy Entry : 0.89980
Stop : 0.89395 , Target1 : 0.90575 , Target2 : 0.91155
Risk/Reward Ratio : 2
Analysis USDCHF : 📅 5/5/2023Analysis USDCHF :
Considering the weakness seen in the downward trend, I expect the price to return and grow up to the specified targets.
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price: 0.89140
sl: 0.88150
tp1: 0.90775
tp2: 0.91570
tp3: 0.92700
tp4: 0.93350
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👤 Alireza hajighasem : @alirezahajighasem
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📅 5/5/2023
DeGRAM | USDCHF channel breakoutUSDCHF is trading in the ascending channel, but the major trend is bearish.
The market is putting bearish pressure on the support level, and most likely it will break the support.
We expect a breakout of the channel and a bearish move.
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DeGRAM | USDCHF fakey settupUSDCHF is trading in the descending channel. The market made shallow lower lows.
The market created a consolidation zone at the support level following a bearish move.
We expect a breakout of the channel and a retest of the psychological level.
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USDCHF - Short from bearish order block ✅Hello traders!
‼️ This is my perspective on USDCHF.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for shorts from premium zone. My point of interest if price took buy stop liquidity and reject from bearish order block.
Fundamental analysis: Next week we have news on USD, on Wednesday will be released CPI and on Thursday PPI, these 2 are very important news, so we have to pay attention to the results.
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USDCHF Possible rise to resistance levelCurrency Pair : USDCHF
Possible direction : Bullish
Technical Analysis : After strong bearish monthly close USDCHF has come to long term monthly support and price started to revise for a pullback. As weekly and daily market is over extended to the downside, it is highly likely price require liquidity to move further down, therefore, high probability price will continue to rise to the monthly resistance level.
Possible trade recommendation : Bullish as per chart sketch
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DeGRAM | USDCHF at psychological levelUSDCHF is trading in an ascending channel.
The market is moving to a strong resistance level, which is a psychological level as well: 0.9000.
Price was rejected by the level before, and it is likely to pullback from this level again.
We expect short-term pullback.
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USDCHF - Short from bearish order block ✅Hello traders!
‼️ This is my perspective on USDCHF.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for shorts. I expect price to continue the retracement to fill the imbalance higher and then to reject from bearish order block for a short position.
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