USDCHF R:R 1:5 LONG SETUPWait for Trendline and Equal Highs Liquidity grab.
Then Wait for 4 Hr POI and look for CHoCH in 15 min
Then Enter the market.
Please DYOR before entering the trade
Usdchfforecast
USDCHF 1D Timeframe ProjectionUSDCHF 1D Timeframe Projection
DXY - Data Global forecasts say it will decline. Yes, it may, but the dollar is still rising today.
DISCLAIMER: All labelling and wave counts are done by me manually and I will keep changing according to the LIVE MARKET PRICE ACTION. So don't be bias, hope on my trade plans...try to learn, and make your strategy... Following is not that easy...
USDCHFFX:USDCHF
As you can see that, USDCHF has created a Flag & pole pattern or a good Horizontal resistance, If it gives breakout we can plan for buy side. Always take retest entries. Plan your trade accordingly.....
USDCHF FX:USDCHF
As you can see that, USDCHF has created a Double bottom in 4Hr Time frame and wait for retest entry. It is for monday (31-07-23) Plan your trade accordingly.....
USDCHFFX:USDCHF
As you can see that usdchf has created a double top in 15 min timeframe if it breaks drawn neckline and takes retest the level then we can plan for sell side. plan your trade accordingly...
USDCHF BuyFX:USDCHF
usdchf has created a flag and pole pattern if it breaks upper side then we can plan for buying side and i am bullish in this.... plan your trade accordingly
USDCHF LongTime Frame: 4H
Symbol: USDCHF
Entry: 0.98279
TP: 0.99731
SL: 0.97018
Bias: Long
The price pattern of this instrument is showing a bullish bias and we are looking for a buying opportunity.
USDCHF LongTime Frame: 4H
Symbol: USDCHF
Entry: 0.96220
TP: 0.97178
SL: 0.95484
Bias: Long
The current trend and price pattern of this instrument is in favor of a long trade .
USDCHFDear traders,
As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible
THIS WEEK...this week I will draw a parallel between the 1 week chart and the 1 month chart because the month has just ended and I would like to know what to expect ...
USDCHF seems to me a pretty predictable pair and with a rather low degree of risk and for this reason I will start its analysis this week!
USDCHF pulls in a very well defined trend both for 1 week and for 1 month and from careful analysis ... I think that in the next period it will go up and retest the trend line for 1 week around 0.94-0.94400 and after it go down again to reach the trend line ...
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GREAT ATTENTION:
*This information is not a Financial Advice.
USDCHF ForecastUSDCHF Forecast
IMO
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Happy Trading 😊
USDCHF shortingThe downtrend in the daily timeframe. So gone for sell after the retracement in lower timeframe.
USDCHF multi time frame analysisHello 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 for prices to move up
Action
marubozu candles are formed on the daily chart which shows a weakness in the prices. If the support is broken with a marubozu candle then we can see a downfall below support. Wait for these levels to look for entry opportunity .
Technical Indicators:
Moving Averages - Strong Sell
Technical Indicators - Strong Sell
Moving Averages Crossovers - Strong Sell
COT data(Commitment of traders):
JUNE 06/02/2020
USD - Long(17877) Short(9619)
CHF - Long(13364) Short(4375)
JUNE 05/26/2020
USD - Long(21039) Short(6240)
CHF - Long(13246) Short(4507)
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