We can see an inverse head and shoulder pattern formed. The interesting part, it is consolidating near right shoulder which is a good sign for a breakout after a build up. Simple things aren't so Simple Cheers.
0.9260 Holds strong Resistance,Redlines shows same length in Price and Time. If you look at Day Candles 6bars up from low to “A“ and again 6bars up from “B”to ”C” Next support looks at 0.9140 after break(strong momentum)below 0.9200
We have a 5 Wave upward Impulse complete; then we have the 3 Wave Correction forming where Wave A is a Flat structure complete and verified; Wave B is a Contracting Triangle complete and verified; after completion of the Triangle there is a massive move in the direction opposite to the Wave E also Wave C is in the direction of Wave A hence Wave C is expected to...
We have a very beautiful opportunity to encash; This Trade has an exceptional Risk:Reward ratio; This is WAVE 3 Dream Wave of Every Trader.
We have a downward 5 Wave Impulse complete; this is a WAVE 1 and now there is a Correction forming; This Correction has Wave A comeplete and Wave B is forming; we need to verify the Wave A and B in the Lower Degree; So here We have explained Wave As subdividions Wave A is a 5 Wave upward Impulse Wave B is a Triangle and Wave C is a Ending Diagonal; ...
Hello Trader, Here is the full analysis of USDCHF: 1) Monthly - No significant price action found. 2) Daily - Forming big red candles which shows weakness in the prices. 2) 4Hourly - Currently testing the buy zone/support level and is in between 0 and 0.23 fib level(which is not an important level) . 3) Current retracement level is at 0.5 which is good level...
Get Ready for explosive move in USDCHF Entry :- 0.97340 Target and Stoploss in chart.
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...
this chart clearly gives you an idea the USD/CHF has crossed the green line So, its conform sell , take profits are shown clearly .
USDCHF-Swing Short Trade for 50 pips gains