USDCHF can be traded with minimum effort that looks nothing much messier. Once this breaks the previous top look for the sell setup by price action. Also I've kept my target level on the chart
Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (0.9173).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. USDCHF is in a downtrend, and the continuation of the downtrend is expected.
. The price is below the 21-Day WEMA, which acts...
Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (0.9201).
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 a downtrend is expected.
. The price is above the 21-Day WEMA, which acts as...
Hello guys i had find this setup in 15m timeframe which is good double top in 1h timeframe and good opportunity for selling with above sl and near support target also do your own analysis before taking any trade if you like my analysis do like share and follow thank you
As the market of USD/CHF is retracing upside put a sell lim in the provided area
now
Sell Lim. 0.8920-0.8934
Stop loss 0.8950
TP1 0.8877
TP2 0.8845
Thank You and
Have a nice day
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
