USDCHF BUY WE WILL SEE A BIG MOVE TOWARDS UPSIDE. IT WILL PAYOFF JUST BE PATIENCE !!
LETS MAKE MORE MONEY !!
Usdchftrade
USDCHF testing our selling area and remains bearishSell below 0.9842. Stop loss at 0.9884. Take profit at 0.9733.
Reason for the trading strategy (technically):
Price has made a pullback to our selling area exactly as expected and is now testing our selling area. We remain bearish looking to sell on strength below major resistance at 0.9842 (Fibonacci retracement, horizontal overlap resistance, breakout pullback, bearish divergence) for a further push down to at least 0.9733 support (Fibonacci retracement, Fibonacci extension, horizontal swing low support).
Stochastic (21,3,1) is dropping nicely from our resistance and has also formed bearish divergence vs price signalling that a reversal is impending.
USDCHF right on selling area, time to go short Sell below 0.9842. Stop loss at 0.9884. Take profit at 0.9733.
Reason for the trading strategy (technically):
Price has made a pullback to our selling area exactly as expected. We remain bearish looking to sell on strength below major resistance at 0.9842 (Fibonacci retracement, horizontal overlap resistance, breakout pullback) for a further push down to at least 0.9733 support (Fibonacci retracement, Fibonacci extension, horizontal swing low support).
Stochastic (21,3,1) is approaching our major resistance level of 97% where we expect a corresponding reaction from.
USDCHF rising as expected to resistance, prepare to sell Sell below 0.9842. Stop loss at 0.9884. Take profit at 0.9733.
Reason for the trading strategy (technically):
Price has started to bounce nicely as expected towards our breakout area of resistance. We remain bearish looking to sell on strength below major resistance at 0.9842 (Fibonacci retracement, horizontal overlap resistance, breakout pullback) for a further push down to at least 0.9733 support (Fibonacci retracement, Fibonacci extension, horizontal swing low support).
Stochastic (21,3,1) is approaching our major resistance level of 97% where we expect a corresponding reaction from.
USDCHF H4 *Short Opportunity*We've got this pair currently rejecting 23.60 Fib level but I believe it will push through this. USDJPY is moving in the same direction and these pairs like to move together, I will be shorting this down to 0.98364 support area. Could see a retrace back to the same fib level but have some US news coming up later where the outlook looks negative, so may not want to retrace and straight fall.
USDCHF dropping perfectly towards our profit target,bearishSell below 0.9935. Stop loss at 0.9990. Take profit at 0.9847.
Reason for the trading strategy (technically):
Price has started to drop really nicely towards our profit target. We look to remain bearish and sell on strength below 0.9935 resistance (Multiple Fibonacci retracement, pullback resistance) for a strong push down to at least 0.9847 support (head and shoulders exit potential, swing low support, Fibonacci extension).
Stochastic (34,3,1) is seeing major resistance below 96% and also intermediate resistance at 77% where a further drop is expected.
USDCHF D TECHNICAL ANALYSISThe chart is self explanatory ..
Sell for 100 & 200 PIPS ...
Let's Watch !!
Usdchf view on daily charts We have simply two view on usdchf ,,
Fist it make double bottom and now on neckline and if break neckline then going to up 1.0050 level
2nd its very important resistance level if hold this resistance level this going down to 0.9450 level
Note |: Due to dollar strong we favor its going long ,, its my personal view ,,
Good luck and trade with care
Asad Ullah
Placed a BUYPlaced a BUY order to start off my new trading week (Friday - Thursday).... I trade Heiken Ashi sticks. This pair is trending hawkishly on daily , H4, and H1 charts. Decided to take a quick buy with a tight Take Profit. Hopefully it will close before the USD market closes today at 5pm. We'll see.
USDCHF - Bearish CypherA bearish cypher could be on the cards for USDCHF.
Set an alarm at 0.97300 and watch for bearish price action.
long usdchfusdchf seems to be the only pair bucking the trend. If the pair is rally so much when dollar is weak, what happens to it when dollar starts moving.
I would go long at that TL and a stop below the recent low and the horizontal support.
Target parity, its not too much to ask for is it. ?
USDCHF 4H TECHNICAL ANALYSIS3 Drives Pattern.
ADX shows positive momentum.
We see 0.98000 very soon ..
Let's Watch !!
#TradeWithTraidadd
USDCHFOur preference: sales position below 0.9725 with targets at 0.9615 & 0.9555 in extension.
Alternative scenario: in excess of 0.9725, aim for a continuation of the rise with 0.9765 & 0.9800 in line of sight.
Comment: The RSI is limited by a bearish trend line.
USDCHFNotre préférence : position acheteuse au-dessus de 0,9530 avec des cibles à 0,9620 & 0,9660 en extension.
Scénario alternatif : en cassure de 0,9530, une poursuite de la baisse sera envisageable avec 0,9480 & 0,9435 en ligne de mire.
Commentaire : le RSI est bien orienté.
USDCHF approaching major support, prepare to buy for a bounceBuy above 0.9493. Stop loss at 0.9451. Take profit at 0.9566.
Reason for the trading strategy (technically):
Price is now testing major support at 0.9493 (Fibonacci retracement, horizontal overlap support) and we expect to see a bounce above this level to at least 0.9566 resistance (Fibonacci retracement.
Stochastic (34,5,3) is fast approaching 6.4% where we expect a bounce from that corresponds to price too.
Correlation analysis: USDCHF and EURUSD are negatively correlated. So it is nice to see a bounce on USDCHF and a correlated drop on EURUSD.
USDCHF profit target reached perfectly, prepare to sellSell below 0.9530. Stop loss at 0.9563. Take profit at 0.9436.
Reason for the trading strategy (technically):
Price has shot up perfectly and reached our profit target from yesterday. We prepare to sell below major resistance at 0.9530 (Fibonacci retracement, Fibonacci extension, horizontal pullback resistance) for a push down to at least 0.9436 support (Fibonacci extension, horizontal swing low support).
Stochastic (55,5,3) is right on major resistance at 95%.
USDCHF testing major support, remain bullish Buy above 0.9527. Stop loss at 0.9500. Take profit at 0.9593.
Reason for the trading strategy (technically):
Price has dropped strongly after making the bearish channel exit. We prepare to buy above strong support at 0.9527 (Fibonacci extension, bullish price action, channel exit potential) for a push up to at least 0.9593 resistance (Fibonacci retracement, horizontal pullback resistance).
Stochastic (34,5,3) is seeing strong support above 3.6% where we expect a further bounce from.
Correlation analysis: EURUSD and USDCHF are negatively correlated, meaning they move in opposite directions. It’s good to see a drop on EURUSD and a corresponding bounce in USDCHF.
short USDCHF on triangle breakThe way dollar has been behaving it looks like its going down big time.
Looking to sell USDCHF on the break of .96 with a stop on top of the triangle and targeting a move below previous lows in .9580 zone
USDCHF bouncing perfectly as expected, remain bullish Buy above 0.9606. Stop loss at 0.9591. Take profit at 0.9569.
Reason for the trading strategy (technically):
Price has reached our profit target from Friday and has started to bounce off nicely from our buying area yesterday as expected. We remain bullish looking to buy on dips above major support at 0.9606 (Multiple Fibonacci extensions, horizontal swing low support) for a push up to at least 0.9659 resistance (Fibonacci retracement, horizontal overlap resistance).
Stochastic (34,5,3) is seeing major support above 6% which should hold our bullish move.
Correlation analysis: EURUSD and USDCHF are negatively correlated, meaning they move in opposite directions. It’s good to see a drop on EURUSD and a corresponding bounce in USDCHF.
USDCHF dropped perfectly towards profit target, prepare to buy Buy above 0.9606. Stop loss at 0.9591. Take profit at 0.9569.
Reason for the trading strategy (technically):
Price dropped absolutely perfectly from our selling area last week and is fast approaching our profit target. We prepare to buy above major support at 0.9606 (Multiple Fibonacci extensions, horizontal swing low support) for a push up to at least 0.9659 resistance (Fibonacci retracement, horizontal overlap resistance).
Stochastic (34,5,3) is seeing major support above 6% where we expect a bounce soon to happen.
Correlation analysis: EURUSD and USDCHF are negatively correlated, meaning they move in opposite directions. It’s good to see a drop on EURUSD and a corresponding bounce in USDCHF.
USDCHF now testing major resistance, prepare to sellSell below 0.9687. Stop loss at 0.9741. Take profit at 0.9602.
Reason for the trading strategy (technically):
Price shot up yesterday and is now testing major resistance. We prepare to sell below major resistance at 0.9687 (Fibonacci retracement, horizontal overlap resistance, Fibonacci extension) for a push down to at least 0.9602 support (Fibonacci extension, horizontal swing low support).
Stochastic (34,5,3) is seeing major resistance below 94% where we expect a further drop from.
Correlation analysis: EURUSD and USDCHF are negatively correlated, meaning they move in opposite directions. It’s good to see a bounce on EURUSD and a corresponding drop in USDCHF.
