USDCHF LOOKS GOOD TO SELLUSDCHF broke the triangle and trading below the range so its good to short with very small sl
USDCHF.1.CSM trade ideas
A Second Chance to Buy in CHFJPY ...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 uptrend is expected.
We make sure when the resistance at 1.0132 breaks.
If the support at 0.9815 is broken, the short-term forecast -continuation of uptrend- will be invalid.
Price may also reach 0.9815, if price reaches this level, we may enter by Daily-Trading-Opportunities, this entry depends on personal strategies.
We will close our open trades, if the Midterm level 0.9815 is broken.
Technical analysis:
A trough is formed in daily chart at 0.9535 on 04/10/2018, so more gains to resistance(s) 1.0100, 1.0325, 1.0630 and more heights is expected.
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index (RSI) is 84.
Total Profit: 4748 pip
Closed trade(s): 2576 pip Profit
Open trade(s): 2172 pip Profit
Trade Setup:
We opened 10 BUY trade(s) @ 0.9272 (day close price) based on 'Two Day Reversal Candle (Hammer)' at 2018.02.16 signaled by our "Daily Trading Opportunity"
Closed Profit:
TP1 @ 0.9355 touched at 2018.02.20 with 83 pip Profit.
TP2 @ 0.9440 touched at 2018.02.28 with 168 pip Profit.
TP3 @ 0.9520 touched at 2018.03.09 with 248 pip Profit.
TP4 @ 0.9660 touched at 2018.04.17 with 388 pip Profit.
TP5 @ 0.9735 touched at 2018.04.20 with 463 pip Profit.
TP6 @ 0.9815 touched at 2018.04.25 with 543 pip Profit.
TP7 @ 0.9955 touched at 2018.05.01 with 683 pip Profit.
83 + 168 + 248 + 388 + 463 + 543 + 683 = 2576 pip
Open Profit:
Profit for one trade is 0.9996(current price) - 0.9272(open price) = 724 pip
3 trade(s) still open, therefore total profit for open trade(s) is 724 x 3 = 2172 pip
Take Profits:
TP8= @ 1.0100
TP9= @ 1.0325
TP10= @ Free
A New Trading Opportunity to Buy. TP7 hit with 4664 profit...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 be uptrend.
Price may also reach 0.9648, if price reaches this level, we may enter by Daily-Trading-Opportunities, this entry depends on personal strategies.
We will close our open trades, if the Midterm level 0.9648 is broken.
Technical analysis:
A trough is formed in daily chart at 0.9535 on 04/10/2018, so more gains to resistance(s) 1.0100, 1.0325 and more heights is expected.
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index (RSI) is 81.
Total Profit: 4664 pip
Closed trade(s): 2576 pip Profit
Open trade(s): 2088 pip Profit
Trade Setup:
We opened 10 BUY trade(s) @ 0.9272 (day close price) based on 'Two Day Reversal Candle (Hammer)' at 2018.02.16 signaled by our "Daily Trading Opportunity"
Closed Profit:
TP1 @ 0.9355 touched at 02.20.2018 with 83 pip Profit.
TP2 @ 0.9440 touched at 02.28.2018 with 168 pip Profit.
TP3 @ 0.9520 touched at 03.09.2018 with 248 pip Profit.
TP4 @ 0.9660 touched at 04.17.2018 with 388 pip Profit.
TP5 @ 0.9735 touched at 04.20.2018 with 463 pip Profit.
TP6 @ 0.9815 touched at 04.25.2018 with 543 pip Profit.
TP7 @ 0.9955 touched at 05.01.2018 with 683 pip Profit.
83 + 168 + 248 + 388 + 463 + 543 + 683 = 2576 pip
Open Profit:
Profit for one trade is 0.9968(current price) - 0.9272(open price) = 696 pip
3 trade(s) still open, therefore total profit for open trade(s) is 696 x 3 = 2088 pip
Take Profits:
TP8= @ 1.0100
TP9= @ 1.0325
TP10= @ Free
elliot wave..short Emarket complete its elliot wave D to E and then we can short point E..i also describe the target...
USD CHF Buy SignalUSD CHF current market price @ 0.9914, Take Profit 1--> 1.0020, Take Profit 2--> 1.1075, Stop Loss 0.9850
CHFUSD - 1 HR - Bullish CypherBullish 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
USDCHF - Up Trend - TVP break analysisABCD 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 break even.
BEARS - USDCHFusdchf
Will be looking to go short on this pair and it seems that there is quite a lot of potential to the downside.
inverse head and shoulder forms on USDCHF chart we will take long position once candle close above trendline and confirms h&S pattern as well strong breakout of trendline for target of 1.0355
SWISSY FIZZYUSD/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
USDCHF4H 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
USDCHFBreakout 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
