Usdchfsignal
USDCHF Short : Evening Star & Descending Channel Resistance Trend: The trend reverses as it has made a LL and LH.
Candle Sticks: Bearish candle stick at LH of the chart.
Parallel Descending Channel Resistance: The candle is formed at the channel's resistance.
So the overall reasoning for taking a short from here is trend is downward making a descending channel with the formation of evening star at the channel resistance level. That means the price will potentially decrease from this point.
Fibonacci Retracement: The TP1 and TP2 are derived from the fib retracement points while SL is placed at the HH of the chart.
USDCHF weekly bar dictating for short #usdchf,16th-20th June weekly bar is key reversal bar made a new high closed off the low. 13th-17th June weekly insurance bar while last weekly bar 11th-15th july bar is key reversal bar dictation for weakness ahead. 0.9820 & 0.9880 supply zone for short. stop loss above weekly reversal bar i.e 0.9905 for target 0.9620.
USDCHF bearishThe Greenback have been very strong this past days, i think its time to short it short-term. i expect the USDCHF pair to drop down as it has began already this new week till we hit our level of support but my entry confirmation will be the break and retest of the Hourly chart neckline.
USDCHF LongTime Frame: 4H
Symbol: USDCHF
Entry: 0.97238
TP: 0.99137
SL: 0.96153
Bias: Long
As a major pair ,this instrument is pivotal for setting a remarkable trend in the financial market. Our study into the price story of this instrument insinuates a bullish tendency. We are going to buy this pair.
USDCHF: Buy the dips!USDCHF
Intraday - We look to Buy at 0.9641 (stop at 0.9618)
Short term bias has turned positive. We look to buy dips. 50 4hour EMA is at 0.9637. We look for a temporary move lower.
Our profit targets will be 0.9698 and 0.9708
Resistance: 0.9700 / 0.9730 / 0.9750
Support: 0.9670 / 0.9640 / 0.9620
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.