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Usdchfsignal

USDCHF | Perspective for the new weekWe scooped a total of 150pips in our direction since my last publication on this pair (see link below for reference purposes) before the rally began and since the beginning of the new month, it has been a choppy session for this pair. Now, the appearance of a Bearish rectangle at this juncture technically insinuates that the USD/CHF might be set to plunge a little lower in the coming week(s). NFP negative data coupled with deterioration in risk appetite in the last days of last week trading session has seen US equities and commodities come under pressure hereby benefitting pairs such as the Swiss. Tendency: Downtrend (Bearish) Structure: Supply & Demand | Trend continuation (Bearish Rectangle) Observation: i. Since on the 25th of November 2021, the price continued to spiral downward to a bus stop around Fr0.91600 on the 30th of Nov 2021. ii. And since hitting a bottom, we have witnessed price moving between a horizontal support and resistance levels (supply and demand) in the last 3 days which transposes into a Bearish rectangle set-up. iii. Technically, the bearish rectangle is a continuation pattern that occurs when a price pauses during a strong downtrend and temporarily bounces between two parallel levels before the trend continues. iv. In this regard, I shall be looking forward to confirmation in the guise of a breakdown/retest of the rectangle's support level to join the decline train. NB: Under the Key level @Fr0.91800 should remain as a yardstick for bearish options in the coming week(s)... Trade consciously!😊 Trading plan: SELL confirmation with a minimum potential profit of 120 pips. Risk/Reward : 1:4 Potential Duration: 1 to 4days NB: This speculation might be considered to make individual decisions on the lower timeframe. Watch this space for updates as price action is been monitored. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Short
by darcsherry
USD/CHF 4HR CHART SET UPHi everyone this is my trade set up for the USD/CHF for the new week ahead USD/CHF i think will push higher as has been making higher highs and higher lows i am expecting a pullback to the order block zones and will be looking for a buy trade look for pullback to zones lined off on chart then if it meets your criteria for a trade then execute This is my analysis only please trade with caution and risk management in place good luck for this weeks trading please like and comment both are welcome
Long
by Costy13
USD/CHF BULLISH!!!! THE PRICE IS VERY BULLISH FROM MONTHLY TO DAILY In monthly time frame the price is creating higher highs and higher lows. In weekly the price is over extended. If the price is over extended we can expect a correction. Also if we take fibonacci from high to low we can see that the .5 level is in confluence with structure. We can definitely expect the price to make a correction at least to the .618. Also the price is in demand zone. There is many confluence that tell us that the price could make the correction. In daily the price is in consolidation. -----In weekly time frame we can expect the price to make a correction to at least to the .618 fibonacci level.-----
Long
by Wiiso
1
USDCHF , Downward channel Hello guys In here , we have a downward channel that the price in moving between roof and bottom of them From 2 view of technical : At first from the classical view we are in downward channel and we expect from the roof of the channel when price impact to roof , fall down until reach the bottom of the channel In another view of price action we have a key and until the key is not break up and close candle above them the analysis is valid So we conclude that in the sell zone area because of we have 2 view resistance in here ( we told you why ) we should find a sign for sell , like reverse hammer or descending cover or ... Dont forget use stop loss after to take position and PLEASE DONT OPEN POSITION WITH YOUR EMOTIONAL Do it correct and go to the GOD Good Luck Abtin
Short
by Abtin00