Usdchftrade
USDCHF BEAR RALLY CONTINUES....DECEMBER 21 2020 was the last update.. check my ideas posted, i know many might have forgotten but i am here to remind you, we are still perfectly #stuckinprofit and i will be looking forward to our 2nd TARGET in the next 30-40 trading days..price currently trading below support and with over 700 pips in projection i bet you all want to jump on this.
USDCHF: very nice R:R intraday tradeHi Traders,
This is my view on this pair for the next few days.
#USDCHF
SELL 0.912
SL 0.9144
TP 8.898
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and avoid fake signals.
I really hope you liked this video and I would like to know what do you think about this analysis, so please use the comment section below this video to give me your point of view.
Thank You
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Pietro from Trading Kitchen
usdchfAs you see in USDCHF 1h bearish chart . it is dealing with a downtrend line and also a very strong weekly pivot.
if it could finally break the trend line it may reach to its strong resistance which is in 0.91880
Otherwise we`ll continue to have a bearish trend at least to the midline of the bearish channel which is about 0.91243
USDCHF Long Opportunity!UCh Gonna bullish! This pair create hidden bullish divergence with bullish butterfly!
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
1st TP: 0.9260
2nd TP 0.9310
Happy Trading!
USDCHF ANALYSIS This analysis was previously drawn; but I wanted to take the time to show you that my prediction was actually right. I also wanted you to see that no previous lows have been violated which is also a great indication that price will continue in a bullish trend. Please view the chart for explanation of the mark up.
USD/CHF may resume the uptrend very soonOverview - USD/CHF is in a correction wave from the last two weeks.
However, price is currently finding support in the 0.9180 level and the uptrend may resume
very soon. Let us analyze and take a look at a possible buy signal for USD/CHF.
Analysis - From the chart, you can see that price is above the 100 day
moving average, which indicates that the uptrend is intact. 0.9150 to 0.9220 could act
as a strong support level. Bullish reversal candlesticks have already formed at the support level.
Probable trade set-up - Based on this, a buy entry between 0.9170 to 0.9220
with SL below 0.91 and TP at 0.9470 is a possible buy signal for USD/CHF.
Disclaimer - This is simply an analysis and not a trade recommendation. The trades will be
executed only if it meets the required criteria.