USDCHF buy for 80 pipsWe have witnessed some downside movement on this pair and just printed a reversal candle at a major level and hence we anticipating a trend reversal. I'm expecting CHF to weaken over the comning weeks and that should also help the cause.
I have gone long on this and marked the tp and sl for you as well.
Let me know your thoughts.
Trade safe and good luck.
Usdchftrade
USDCHFTime = 4H
– Structure = Downtrend
– Pattern = Asymmetric Triangle
– Tendency = Downtrend
We're expecting some pullbacks for more confirmations.
Only Sell if the Price breaks below the Sell Stop.
GOOD LUCK
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USDCHF potential bounce!
USDCHF expected to reverse up to 1st support at 0.96105 where it could potentially react and bounce to its resistance at 1st resistance at 0.96458.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDCHF. Will the USD rebound?Hello Traders,
The USD had a rough week but the CHF is hitting strong resistance at the .9600 area.
The price may rebound to the trend-line. RSI has been nearing over-sold territory and Bullish Divergence has formed on the MACD/Price Chart.
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*The above is not trading advice but simply my analysis of the market*
USDCHF. The dollar will grow!Hi traders,
The price of the dollar closes the week and month of trading in the market unsatisfactorily.
The dollar has weakened, but the Central Bank of America will do everything possible so that the currency begins to grow again,
however, it will not grow above the downtrend line.
Good luck to you!
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USDCHF. Fall to the level of support.Hello dear traders.
The price of the Dollar will fall before the end of this week,
then the central banks of the United States will begin to take action to strengthen the exchange rate.
The price will fall to the support level,
below this level the price is unlikely to fall,
but on the contrary will begin to grow.
Good luck to you.
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USDCHF. The weakening of the national currency of USA?Hello dear traders!
The price of the dollar is likely to fall.
The global pandemic is not over yet,
there is also the likelihood that there will be a second wave of infection soon,
the national currency will weaken accordingly,
and this is the Dollar.
Good luck to you.
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USDCHF approaching resistance, look out for potential reversal!
USDCHF is approaching its resistance at 0.97430 where it is could reverse down to its support at 0.96638.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USD/CHF AnlysisHypothetical scenario - Sell Limit (11/05 - 15/05):
(1) Entry @ 0.97850 (Sell Limit)
(2) Stop Loss @ 1.38360 | 35 pips
(3) Target @ 0.97150 | 70 pips
(4) R:R = 1:2
Hypothetical scenario - Buy Limit (11/05 - 15/05):
(1) Entry @ 0.96000 (Buy Limit)
(2) Stop Loss @ 0.95700 | 30 pips
(3) Target @ 0.96600 |60 pips
(4) R:R = 1:2
USDCHF potential bounce!
USDCHF expected to reverse up to 1st support at 0.96566 where it could potentially react and bounce to its resistance at 1st resistance at 0.97840
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDCHF. Cup and handle pattern.Hello dear subscribers!
The price of this currency pair has a cup and pen sample.
The price is expected to reach a resistance level.
However, it is possible that the price will not break this level.
Good luck to you.
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This idea does not provide the financial advice.