Hey folks, how's it going???? Here we have caught USDCHF in its uptrend channel. The pair seems to hit its support at 0.98781 and started moving upwards. In this H1 chart the pair started making higher high inside that channel. As per our analysis the pair will move in that channel while going towards its resistance. Since the pair is not going directly but inside...
USDCHF is in a Down trend and made a Lower High last week. Price got rejected around 0.95500 and now we wait for the Counter trend to break. I suspect Price to make a Lower Low around 0.90700 which is an old Weekly Support and Resistance level from May 2015. Trade with patience. I will keep you posted!
Market about to change trend and start selling. RSI signalling overbought at 74 reading. Get on sell and ride it out. Warning; trading comes with risks, trade safely and within reason. All charts to be used for guideline purposes.
Hello! I have for you a very interesting long idea: Stop on the chart. All details available on the chart, but if you need - please comment and let's discuss.
Taking contrarian view and betting against head and shoulders forming; predicting up-side stop-run.
USDCHF Short Trend The market moves in waves (Popular Anil saying)...Waiting for a downtrend continuation following that up move. TP 0.93 (mAmA)
Notre 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.
Our preference: sales position below 0.9705 with targets at 0.9655 & 0.9635 in extension. Alternative Scenario: In excess of 0.9705, aim for a continuation of the increase with 0.9730 & 0.9760 in line of sight. Comment: The RSI is mixed with a limited bearish bias.
I see that the trend down goes very long and without kickbacks. In addition, the trend hit the support zone and purchases, besides, it has struck a magic number of 0.97000 I buy 0.97200 . SL 0.96650 TP 0.98300 Remember -Never risk more than 2-3% of your balance on a single trade. And If you are a beginner 1%. -A Single or few trades result is not...
USDCHF, like many of the USD pairs has exploded up to 1.382 extensions and so I am looking ahead to my final target of longing the USDCHF up to 0.98600. Trade #1: I will wait for price to retrace back down to 0.97125 before looking to go long for 50 pips. Trade #2: Once price hits 0.97650 I will be looking for reasons to short back down to 0.96860 for 80...
We have a broken trendline here and currently the price is stuck in a wedge, expecting a break in the wedge to the downside. Sell only after a clear breakout. SL : 0.99536 TP : 0.97007
The reason why we feel EURUSD may SINK. * On weekly basis it has just started moving DOWN. * Bullish Engulfing in weekly Chart . * To SINK and come near .9627 levels * Stoch RSI (3,3,14,Close) is Sinking. * RSI (14,CLOSE) is Sinking. * CCI (20,CLOSE) is Sinking. Keeping all the above indicators in view along with the chart pattern we expect it to SINK. Our...