Get started

Usdchflong

Tight Bearish Signal on CHFJPYWe have a tight Bearish Signal in ICMARKETS:CHFJPY Unfortunately we have a very tight room for our TP still we will look after it and will MOVE THE SL TO BREAK EVEN AS SOON AS THE PRICE TOUCHES THE DAILY TRENDLINE Price may get a fullback from the Daily Trendline which is a barrier to our first TP. However, after breaking the daily trendline and hitting our first TP, our other trade will still aim for its target with very high reward and 0 risk. I will place a sell stop order 185.76 with my SL at the Higher High at 186.28 I will take two positions both at the breakout Higher Low at 185.76. Both position has 2% risk in total with the stop loss at 186.28 IMPORTANT: Eye on daily trendline, if the price hit the trendline then move both SLs to Breakeven and trade at 0% risk, aiming for both the trades to hit TP1 and TP2. Position 1 with 1 % Risk Sell Stop: 185.76 Stop Loss: 186.28 TP: 185.24 Position 1 with 1 % Risk Sell Stop: 185.76 Stop Loss: 185.2 TP: 184.35
Short
by hameedops
USDCHF - CONTINUATION OF BULLISH TREND?Symbol - USDCHF The USDCHF pair is currently entering the realization phase following an extended period of correction. A favorable environment has been established by the ongoing uptrend and the strengthening of the dollar. The technical outlook on the daily timeframe is positive. After breaking through trend resistance, the price retested the previously breached level. Following a false breakout, the pair successfully consolidated above this key point, establishing an interim low and signaling potential for further gains. From a technical perspective, attention is now focused on the resistance level at 0.9110. Should the bulls manage to surpass this zone and establish a sustained break above it, the pair could potentially rise toward 0.9180–0.9300 Resistance levels: 0.9110 Support levels: 0.9050 Prior to breaking through the resistance, the currency pair may test the support level at 0.9050, driven by liquidity beneath this area. However, a decisive move above 0.9110 could serve as the catalyst for further upward momentum.
Long
by akshit_official