Description: The counter USDCHF started moving in an ascending triangle.A support trend line tested at the prices 0.88391,0.88682 and 0.88357 and the flat-top resistance line at the price 0.89256. The price is moving near the top line of the triangle and since then there is no indication for a breakout. Buying pressure of the market may pull the price even more...
USD/JPY : usd/jpy is currently going to up trend for beyond the technical analysis SD/JPY moving up... REASONS : 1. monthly chart for current support is strong and buying pressure is high 2. monthly chart - candle stick is engulfing and hammer forming for double conformation 3. the 4hr bottom of chart is forming...
in 4h TF we could see bullish divergent HH LH created properly while current LH is on the support area with Fibonacci 0,618 as the additional support now we are waiting for that area to make a swing low for the confirmation to take a buy position Please share your insight through this ideas, it would be great for my development since i just start in this lovely...
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.
BUY USDCHF @ 0.9145 TP1 : 0.9190 TP2 : 0.9250 SL FOR PAID
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; ...
Looking for a strong hard pullback on the 15 minute timeframe, and then we can look for BULLISH momentum on the 5 minute chart and after confirmation we will start to buy UC again.
Wonderful support on the STOPLOSS LINE. Buy in the Buying range area and wait the prices to reach 1.02609 with STOPLOSS Below RED LINE
HI Friends, USDCHF forming corrective structure on medium term. As per my wave count i am expecting first small correction an then we can price will reach the Parity.
USDCHF making continuation setup so i will go with short with this pattern