USDCHF BIG BUY/LONG OPPORTUNITY!Technical Analysis
1. Potential Inverse Head & Shoulders
2. Market broke out from Resistance Level and Retraced to Previous Resistance Now Turned SUPPORT
3. Area of Confluence with Horizontal Support Structure, Trendline Pivot Point, EMA 60 and 200
4. RSI current at OVERSOLD Level
Projected Mirrors, Take Profits and Re-Entries
Buy Entry: 0.92316
1st Take Profit: 0.96702
1st Re-Entry: 0.95522
2nd SAFE Take Profit: 0.98351
2nd Re-entry: 0.93886
Usdchftrade
USD/CHF - a beautiful short positionPrice broked a trend line. I expected the retest to 0.9375. If it happens, I'll open a short.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Analyzing USD/CHF and taking a look at a low-risk buy set-upOverview - Recently, USD/CHF has slid below the 0.93 level.
However, on the lower end of the 0.92 level there lies some support. Let's
take a look at whether buyers have a good chance.
Analysis - From the chart we can see 0.9220 level can provide some support
if price drops to that level.
Probable trade set-up - Based on the support level, a buy entry at 0.9220 with
SL below 0.9180 and TP at 0.94 is a low-risk trade set-up.
Disclaimer - This is simply an analysis and not a trade recommendation. The trades will be
executed only if it meets the required criteria.
USD/CHF New Trade And Analysis 1:13 Risk Reward !This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
USDCHF Cup & Handle chart patternAnother classic example of a cup and handle chart pattern, Guys the markets always repeat them selves, after a while you will be able to analyze the market by just looking at it,
Wait for a handle to form. The handle often takes the form of a sideways or descending channel or a triangle. Buy when the price breaks above the top of the channel or triangle.
Please get in touch with us should you have any questions
USDCHF - Mid / Long term - Long SetupStrong rally to 2.618% Fib and price resistance.
Mid term play could be a long position on correction/consolidation to the 0.904-0.909 area (white circle). Price support, trendline support and Fib .618% retrace. If this area holds could be looking at Inv H&S setting up and a big wave 3 to the 0.96-0.97 area.
USD/CHF Broken Resistance, Now Testing As SupportThis broke above resistance and is now retracing to test it as support. Looking for a long entry between 0.382 and 0.5 Fibonacci, can use 1HR timeframe with MACD to more accurately pinpoint when this turns higher.
Above there is a big resistance level so I am setting the TP at the bottom of this at 0.91833 and SL is just below 0.786 Fib
USDCHF sales from the level of the main target 0.88770USDCHF sales from the level of the main target 0.88770
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex trader?
Now, It's your turn!
Be sure to leave a comment let us know how do you see this opportunity and forecast.