USDCHF could break the trendline to find new lowI'm not really into USDCHF but I can't keep ignoring the fact that on the daily and weekly charts we see a beautiful trendline waiting to be broken or at least tested to the downside.
Not to mention the fact that the dollar is weakening across the board...
So... Let's see... A nice RR of 1:2 is already making this a sweet trade. Cheers!
Usdchftrade
USD/CHF 4HR BUY SET UPHi everyone this is my trade set up for the USD/CHF for the new week ahead
USD/CHF I expect a drop to around the 0.91255 area, then I am looking to take a buy trade hopefully off the trend line
and a bullish candle confirmation 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
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
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
USDCHF Analysis and Trade Idea... a long-to-short!USDCHF has entered a demand zone, and may potentially reverse here, as it returns to impulse.
USD is weak against CHF, so I do expect further declines in the upcoming week, at least for the short term.
There is a day trade for a long position to the bearish OB above.... then a more significant swing trade to the downside from there.
#USDCHF SELLING OPPORTUNITYAs you can see price in 4H time frame not only creating LL and LH but also we can see a Head & Shoulder chart pattern in this time frame. which suggest price could possibly have more downside move.
As you can see price has retraced to H&S pattern neck line and also created a false breakout of the neckline in 1H time frame but rejected immediately which showing us both selling pressure.
now in case of trading first we need to see price created a 1H bearish engulfing candle, then we need to see that bullish structure in lower time frame such as 30M and 15M shift to bearish. If this conditions appear in the market then any bullish corrective move in lower time frame could be our trigger to sell this pair.
Also we can see bearish divergence in 1H time frame which is another confluence to our trading idea.
1st target: 0.92000
2nd target: 0.91500
stop loss could be set around 0.92760
notice: only trade with your strategy and this is just a trading idea which should be inline with your trading strategy incase of trading.
USDCHF , Did you get that profit ?Hello everyone
This the update of the previous analysis
Becareful , in first target save your profit and risk free them
And if it can break the zone the you can take position if you dont get any position , you can take position after break and pull back the first target
Previous analysis :
Dont forget use stop loss up the first target zone and attention to money management
Good Luck
Abtin
USDCHF , Are you ready for sell ????Hello everyone
According to the chart , we are in downward trend and we need pullback and rest the price the come to our sell zone then we can take short position , we have 2 zone for selling and if you take any position in any zone you can put your stop loss like our shown on chart
Dont forget use stop loss and attention to money management
Please at first check the chart in multi time frame and take signal then take position and sell
( Signal : hammer , ascending cover , descending cover , pattern price or ... )
Good Luck
Abtin
USDCHF , We predicted two possible market movementsHello everybody
We hope everyone had nice week with profit
According to these analysis of USDCHF , in daily time frame we analysed that the trend is downward and we need that the price come to resistance and sell zone then we can take short position , in here we shown that we have a breakwave and we need pullback of the price then we can take short position , but in this chart we predicted two movement of market can do , in here the price is upper of the support zone area and in here we price is supported and can rise until the resistance area ( The market in this time frame is downward and only we sell but we can take some tolerance from the market in pullback movement )
After pullback done in next week or later we are updating the chart for sell ( short ) position untl the target
But in here we shown 2 position and where we should buy and sell the position and Tp and SL
Please check the chart in multi-time frame and at first take signal then take position
( Signal : hammer , ascending cover , descending cover , ... )
Daily time frame chart :
The point is the analysis is valid
Be with us and sleep comfortably
Good Luck
Abtin
USDCHF , We should wait until ...Hello everyone
I hope everybody have nice week
In here in daily time frame after rally drop price we are in pullback and we have heavy resistance zone that shown on chart ( red zone )
in there we should take signal in lower time frame ( signal : hammer or descending cover or ... ) and we can get position too after getting reverse pattern like head and shoulders and please please check the chart in multi-time frame .
We update the chart in future after the signal shown on chart but everyone be careful and attention to this area
Did you exercise and watch this pattern in other charts ??
Good Luck
Abtin
USDCHF Order Block SellPrice is currently testing the 0.93000 level and previous Order block
I will be looking to go short provided:
Evening star formation or any other bearish candlestick patterns
Rejection at level 0.93000
Rejection at order block
Long Wick rejection of previous high
Break of counter-trendline
Weakness of USD on the DXY (Rejection of resistance)