USDCHF.1 trade ideas
USDCHF DAILY ANALYSISNOW THIS IS SOME CONFUSION MAEKET FOLLOW THIS CHART IF ACCORDINGLY MOVE THEN EXCUATE A TRADE
USDCHF: BUY in BUY AREA with SL below RED LINEWonderful support on the STOPLOSS LINE. Buy in the Buying range area and wait the prices to reach 1.02609 with STOPLOSS Below RED LINE
USDCHF Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.986.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=0.991.
TP4: R2=0.9925.
Set the stoploss of these orders at breakout of S2=0.984.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=0.984.
In this situation, there is an expectation to reach the target S3=0.9765.
Set the stoploss of reverse orders at breakout of S1=0.986.
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USDCHF Trend continuation H4 8ema gap close.
Trend continuation from one Fib level to another.
TP = 0.99753
SL = 0.98883
USDCHF Triple top cum rising wedge pattern 1st target 0.98052USDCHF is trading just below major resistance 0.99762 following the formation of the triple top pattern in a daily time frame chart. The arrival of bears is further supported by a rising wedge pattern, but the trader must do entry of its short position on today's closing that should be below the aforementioned major resistance. Moving forward, the first target is set at 0.98052
USD CHF USD CHF - 4 Hourly Chart. Trading within a trading channel currently. One of the trades are over. Now expecting another AB=CD within the same channel. Still some time to go before we reach the levels.
Bearish Bias Still need to breakoutmight be bearish if goes below...waiting for the breakout on lower timeframe...
USDCHF GO DOWN!another possibility of sale, betting on the next fall of the dollar that will affect various parities.
Don't miss the great sell opportunity in USDCHFTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (0.9816). 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 downtrend is expected.
. Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
. The RSI is at 34.
Take Profits:
TP1= @ 0.9693
TP2= @ 0.9660
TP3= @ 0.9543
SL: Break Above R2
USDCHF WAVE ANALYSIS 23 AUG 19HI Friends,
USDCHF forming corrective structure on medium term. As per my wave count i am expecting first small correction an then we can price will reach the Parity.
USDCHF Short Setup [4H]FX:USDCHF has been forming an uptrend on 4h and our expectation of a reversal is from 0.99500 with SL at 0.99820 and three potential targets.
The stronger the move to the zone, more likely for a quick reversal in achieving minimum 2:1
Note:
Please Consult Your Financial Advisor Before Taking Any Decision
Always risk 1% of account size per trade, adjust the position size accordingly
