Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position . I suggest you keep this pair on your watchlist and see if the rules of your...
Trading Ideas-
Long positions above 0.9367 with targets at 0.9654 & 0.9885
Alternative scenario
If price goes down 0.9367 look for 0.9194 & 0.9086 as targets.
Supports and resistances
0.9194 & 0.9086
0.9654 & 0.9885
Iam on buy USD CHF Major reversal pattern trendline broken retested multiple times an fib respected from last significant low to the high 0.95260 to targeting 0.96500 . thanks..
Trading Ideas-
Long positions above 0.9538 with targets at 0.9885 & 1.0054
Alternative scenario
If price goes down 0.9538 look for 0.9377 & 0.9194 as targets.
Supports and resistances
0.9377 & 0.9194
0.9885 & 1.0054
USDCHF Buy trade opportunities
It has broken the Resistance trendline and closed above and currently restest support line And made a nice Pinbar. its a good opportunity for a long with very good risk-reward
Always trade with Stop Loss
USDCHF has concluded a FLAT structure and is rising in an impulsive manner in a parallel channel. The impulsive nature of the rise from the zone of 0.9500 suggests that the pair is likely to continue the uptrend towards the level of 1.0100 in the coming weeks. One should look for bullish opportunities for trading purpose.
TRADING STRATEGY:
Go long on dips...
Hello friends
This is my idea for USD/CHF
Line 3 of Elliott's strategy is nearing completion
After the completion of Line 4, it is also marked in the zone, I think it will give an opportunity for new buyers
Market now forming an head and shoulder pattern structure formed, it's time to sell opportunity, wait for an neck level breakout after entering the trade
Trading Ideas-
Long positions above 0.9537 with targets at 1.0057 & 1.0224
Alternative scenario
If price goes down 0.9537 look for 0.9376 & 0.9193 as targets.
Supports and resistances
0.9376 & 0.9193
1.0057 & 1.0224
USDCHF snapped a two-week downtrend while bouncing off 100-DMA and a horizontal area from April 20. The corrective pullback, however, failed to provide a daily closing beyond multiple hurdles surrounding 0.9620. That said, the MACD and the RSI (14) also hint at the pair’s weakness ahead of June’s Consumer Price Index (CPI) for Switzerland. It’s worth noting that...
