Usdchfsignal
USDCHF Sell into the resistance.USDCHF - Intraday - We look to Sell at 0.9251 (stop at 0.9267)
Trading has been mixed and volatile.
Rallies continue to attract sellers.
Preferred trade is to sell into rallies.
Short term bias is mildly bearish.
Bespoke resistance is located at 0.9250.
Our profit targets will be 0.9206 and 0.9196
Resistance: 0.9240 / 0.9250 / 0.9265
Support: 0.9220 / 0.9200 / 0.9190
USDCHF | Good Sell Opportunity.When it comes to USDCHF , a while ago, we've seen a strong impulse to the upside. And got rejected from a resistance. Right now price is staying near a supply zone as well. We also seen a multiple rejection from that area as well, which clearly shows the selling strength. Looks like there aren't many support areas till S1. So you could start booking profit from S1, which was the previous resistance area .
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Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
USDCHF ShortTime Frame: 4H
Symbol: USDCHF
Bias: Short
The trend of price movement for this pair is clearly showing a short bias. The overall direction is short and the current price pattern is also revealing a short trade set up. Let us hope for a sell trade from the current time and price projection.
USDCHF Short term longi was bored so here's what i came up with. right now price is at support trendline on the daily and i believe it just completed the motive wave pattern 12345 and the first wave of the abcde corrective wave. Notice the divergence. so we're going to trade the retrace as a long position until which ever fib level it reverses to then after that we'll be looking to short it until the abcde pattern is complete. let me know what you think in el commentos.
USDCHF NeutralTime Frame: 4H
Symbol: USDCHF
Bias: Neutral
The instrument is still rangebound and does not have any possibility of moving strongly in any direction. It is not wise to trade during low volatility period. We strongly recommend to avoid trading some upcoming trading days as we are usure.
USDCHF Long SignalsTime Frame: Daily
Symbol: USDCHF
Bias: Long
For USDCHF our bias is to go long. We expect an upward move from the current price pattern. As the price is range bound ,there is equal scope to move in either direction . But considering the short term price actions , our goal is to go long.
USDCHFThe US dollar rallied against the Swiss franc last week but has given up the gains. Quite frankly, this is a market that I think will try to break down below the uptrend line, sending this market down to the 0.88 handle. If we do break this trend line that I have drawn on the chart, look out below. Otherwise, I would anticipate a lot of sideways nonsensical Brownian motion.