Get started

Usdchftrade

USD Weakness Trade - USD/CHF Ichimoku Short Trade SetupAnother play on possible USD weakness with the FED rate cut being certain. We are near the edge of the kumo and major price structure resistance for this time frame. We already have a bearish kumo twist, chikou span is below price, and we're in a bullish TK cross so confirmations are looking pretty good right now. If we can break and hold below our trigger line we can get short. I've drawn out some partial take profit levels to aim for along the way to the longer term target that I've seen at recent major price structure support. If we fail to break support or form a bearish trend, this setup may become invalidated.
Short
by The808Trader
FREE ANALYSIS ON USDCHF - Plan to catch the dropFREE ANALYSIS ON USDCHF Welcome to @SiriusTrading, Check out my Free analysis on Forex and Crypto. Follow me for regular Analysis and don't forget to LIKE :) - 15 Min Price testing the 38.20% fib retracement level. MACD also showing bearish divergence Stoch RSI is bullish at the moment. 45 Min Stoch RSI and MACD both showing bearish divergence. Price broke out of the MA200, EMA 150 & WMA100 which signifies a bullish move. Importantly, MACD on this time frame is showing a hidden bullish divergence as per the lemon line. 3 HOUR Price about to test 38.2% fib level. Price could test the upper values before dropping down. OVERALL Short term bullish move before we see this reversal. To trade i would use a trend line and catch the break down. - Thanks for reading See previous analysis Please share your thoughts and views on my analysis and don't forget to like it and share with others.
Short
by SiriusTrading
Possible Sell for USDCHF : Pullback Has Been CompletedPossible sell for USDCHF. Price has remained below the 200 and 50 EMA indicating a short bias. This idea is an update to the previous idea I uploaded on this pair, indicating that the price has completed a successful re test to the trend line and should now head down as the dollar weakens. I have set a reasonable stop loss just over the trend line for the rare case of breaking the trend and a take profit of about 175 pips. Risk:Reward ratio is 2.68. FX:USDCHF
Short
by Rayyan_2805