Look for long & short entry on USDCHFWait for an rejection or wick in this area then wait for that rejection to close, then take the position.
Usdchfsignal
USD/CHF Making A Symmetrical Triangle & NEXT MOVEPut your eyes on the support level trendline ( ST ) and dynamic resistance ( DR ) first, USD/CHF is creating a symmetrical triangle. It's also changing trend by hitting at ST or DR . At present, it's at ST.
By that means, it will touch T1 ( 0.9120 ), T2 ( 0.9160 ), and T3 ( 0.9180 ) soon.
And yes, don't forget to notice the rejection zone , tail , and Stoch RSI ( throwing a sell signal ). It helps to identify the next moves.
U.S Dollar / Swiss Franc may show sideways movement or try to test the last rejection zone low level ( 0.9082 ). It can be fake candles.
As I described in the chart, the downtrend starts after breaking our 0.9082 level. And consecutive ( 2 or 3 ) -negative candles required to start it. That will blast USD/CHF directly to 05 Aug's low-level . Afterwards, 0.9020 - 0.8990 levels.
USD CHF ANALYSIS AND FORECAST FOR THIS WEEK FOR SHORT TERM
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USDCHF Market Structure AnalysisIf it is useful for you, support that with your likes/comments and if you have your market view, please share it in comments
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USDCHF Long Deflation Phase incommingUSDCHF Updated idea Longs added at 0.90600 , will keep adding at corrections with target 1.02, I believe strong dollar is comming off because we will have another deflation phase as we had on february where all stocks crash of a strong dollar comming off, DXY is oversold at 93 (still a high number) and just made a double bottom!
Good luck everyone
USD/CHF Technical Analysis
The counter is currently in sideways consolidation mode.
It is currently in its lower end of the range and the short-term indicators show signs of oversold condition.
Further, the wave interpretation deems a wave C move to the upper end of the range.
Hence, we expect the pair to be bullish in the near-term.
USDCHF Bearish and going under 0.90Yesterday it gone above 0.92 but today it has almost retraceback yesterdays high. Trend on all time frames is still bearish and It long term charts pointing going under 0.90 towards 0.87.
Entry is at market 0.9158
Stop 0.921
Profit target towrads 0.907, 0.9015 and 0.875.
USDCHF LONG!Pair name - USDCHF
Action - BUY/LONG
ENTRY - 0.9183
TP - 0.9350
SL - 0.9062
TRADE STATUS - OPEN
PS - I JUST AM PASSIONATE ABOUT TA AND HENCE I SHARE MY CHARTS HERE, THESE ARE NOT AT ALL FINANCIAL ADVICE. I CAN BE RIGHT, I CAN BE WRONG. IN ONE WAY OR ANOTHER, THIS IS A LEARNING FOR ME.
Potential Long Trade in USDCHFUSDCHF has reached a long-term support level from where it could bounce up. I have already started buying USDCHF with my latest buy at 0.9172.
This trade is based on the weekly chart. So, one has to wait patiently to see how this plays out over the course of the next few weeks.
I like this set-up because of the good risk/reward ratio and the potential profit will be much bigger than the amount I am risking. There's a big chance that USDCHF will bounce from this area and reach 0.99 level.
USDCHF 1H FORECASTHello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied
Pretty good long opportunity for USDCHFIt seems like we can have a good long trade opportunity for USDCHF.
On the 1h chart, we have a pretty strong support on the Fibonacci S3 level.
RSI is a bit oversold and we have a nice crossover on MACD.
Disclaimer
Please remember that past performance may not be indicative of future results.
Due to various factors, including changing market conditions, the strategy may no longer perform as good as in historical backtesting.
This post and/or the script don’t provide any financial advice.
USDCHF bounced from support, potential for a further rise!
USDCHF bounced off 0.93662 where it could potentially rise further to 0.94068.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USD/CHF Technical Analysis
The counter is currently in a triangle pattern, which shows uncertainty in the near-term.
With no vaccine for the pandemic and no fresh stimulus around the corner, the market is expected to continue its range-bound movement.
Hence, we expect the pair to move to the upper end of the triangle for now.
USDCHF [ Analysis for the Week ahead ]Simple Analysis for USDCHF :
Overall trend is bearish, we have more downside targets to hit however, if current price holds we could see a new pullback to above SUPPORT & RESISTANCE Area then we'll look for SELL. Otherwise, if price action gives enough confirmation we may look for SELL from here.
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