Get Ready for explosive move in USDCHF Entry :- 0.97340 Target and Stoploss in chart.
levels are simple support resistance and are marked for persoanl project study one can learn from the same as well
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.9725). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . USDCHF is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support....
Clear touch and rebound of the trend line . Bearish confirmation candle sticks are seen. Stochastic and Momentum are both both indicating a sell. Stop loss of only 20 pips. CLEAR SHORT TILL NEXT RESISTANCE LEVEL .
Hi, today we are going to talk about USDCHF and its current landscape. We can observe at this timeframe, a confluence of technical factors, that entail a setup which might drive this asset to a new movement. The details of our analysis are highlighted in the chart above. Want to know more about our trades and ideas? Join the Traders Heaven today. Thank you for...
Third touch on the trend line and static resistance is seen due to the consolidation. The Stochastic and Momentum Indicators are also indicating sells.
As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=0.9745. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=0.9675. TP4: S2=0.965. Set the stoploss of these orders at breakout of R2=0.979. Stop and reverse: If trend gets reversed, buy (stop) orders will be opened at breakout of...
USDCHF As CHF is considering as one of the safe heaven assets along with JPY its gained some strength during this financial crisis time The Elliot wave is forming in this chart we can see that Wave 02 is almost completed and stated its run to complete the wave 03 It will form descending channel. We can open short positions at this level which is...
Break and Retest of the Resistance and a beautiful Pull back to the 0.23 Fibbs level.