New trading suggestion:
*The price is in an up trend and we forecast the uptrend would continue.
* There is still possibility of temporary retracement to suggested support line (0.9815), if so, traders can set orders based on Price Action and expect to reach short-term targets.
Midterm forecast:
While the price is above the support 0.9815, continuation of...
New trading suggestion:
*The price is in an Up Trend and we forecast the uptrend would continue.
*There is still possibility of temporary retracement to suggested support line (0.9648) , if so, traders can set orders based on Price Action and expect to reach short-term targets.
Midterm forecast:
While the level 0.9648 is not broken, the Midterm wave will...
Bullish Cypher is completed in CHFUSD pair so we can enter a LONG trade but according to me the risk reward is not 1:1 so pls have a think before enter the trade
ABCD is an Up Trend, 'E' being the TVP of the trend.
Candle 1 and 2 broke the TVP and gave rejection to go in the downside direction, hence the bias stays inline with existing trend bias (Upside).
Entry (Long) comes at TVP level.
First target is at level 'F' , Second target is in 1:4 RR.
Stop is placed below Swing 'B'. As price moves stop can to dragged to...
USD/CHF HAS BEEN FACING RESISTANCE FROM THE FALLING TRENDLINE. ITS LIKELY TO FALL FURTHUR. USD/CHF CAN BE SHORT IN THE RANGE 1.0050-1.0040 WITH A STOPLOSS ABOVE 1.0080 FOR TARGETS OF 0.97500
4H resistance
Trendline break
Awaiting bearish fib,Counter trendline break and MA crossver.
-Based on daily TF,after a strong bull rally a retracement is due.on the 4H based on a drawing of a bullish fib set up from the nearest pivot on this timeframethe 50 and 61.8 levels align with a weekly key level area
Breakout of bearish channel
New uptrend-Higher lows,supported by trend line
current level of support at 0.99630 area has gppg historical confluence
Waiting on potential 61.8 retracement for continuation of current upward momentum
