Usdchfsignal
DeGRAM | USDCHF at psychological levelUSDCHF broke and closed below the psychological level at 0.98000.
The resistance level was retested once, and probably the price will go down to retest the support.
Price action attempted to make new highs but failed and pushed prices back.
We expect pullback from psychological level.
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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.
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USDCHF top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
USDCHF LongTime Frame: 4H
Symbol: USDCHF
Entry: 0.96765
TP: 0.97464
SL: 0.96021
Bias: Long
Currently the price structure is demonstrating an overbought area and the buyers are more interested in other side of the trend . However, as the bullish pressure is also mounting up we are bullish for short time.
DeGRAM | USDCHF at strong resistence USDCHF is approaching a confluent level.
Price action is testing a strong resistance level and it shows a divergence.
We might see a short-term pullback.
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USDCHF LongTime Frame: 4H
Symbol: USDCHF
Entry: 0.95807
TP: 0.96883
SL: 0.95096
Bias: Long
Currently the price pattern of this instrument is pointing towards a bullish directional bias. The overall trend and momentum is not of high probability opportunities but there is still a ray of hope for a bullish trade.