Get started

Usdchfshort

💡Don't miss the great sell opportunity in USDCHF 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 as a dynamic resistance. . The RSI is at 40. Take Profits: TP1= @ 0.9143 TP2= @ 0.9115 TP3= @ 0.9080 TP4= @ 0.9061 TP5= @ 0.9048 SL: Break Above R2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Short
by ForecastCity_ME
6
💡Don't miss the great sell opportunity in USDCHFTrading 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 a dynamic support. . The RSI is at 17. Take Profits: TP1= @ 0.9164 TP2= @ 0.9143 TP3= @ 0.9123 TP4= @ 0.9100 TP5= @ 0.9052 SL: Break Above R2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Short
by ForecastCity_ME
5
Learn To Trade the Triangle Exceptinal Risk:Reward Trade USDCHF 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 be a downward Zigzag hence two impulses; therefore justifies the Risk:Reward of 1:19 Enjoy the Trade;
Short
by Kruti0210
1
USDCHF COMPLETE ANALYSIS AS PER THE WAVE THEORY 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; Here we have Wave B forming now in the downward direction; Wave A is a Leading diagonal Wave B is a Zigzag and now Wave C is forming So here the WAVE B ends and now we wil encash the WAVE C which will be an Upward Wave; Here Wave 3 is a Zigzag (Zigzag is also an Impulse) hence In Wave B we have a Wave A which is a downward Leading Diagonal; Wave B is a upward Zigzag; We see Wave B has retraced Wave A by 93.93%, hence as per the rule of Flat Wave C has to be a downward Impulse; So then Wave B retraces Wave A 38.2% hence from here starts the WAVE C which will be an Upward Impulse We have 2 Trades here One is a SHort Trade and then where we have the Target of the SHort trade we have a Buy Trade from there; Long Trade
Long
by Kruti0210
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) How can you support me : 1) Like my idea. 2) Follow me for more analysis Feedback : Please share your feedback in comments and this will help me to improve my drawing and analysis Note : This is purely for educational purpose.
by technicalwhale
1