USDCHFFX:USDCHF
As you can see that, USDCHF has created a Flag & pole pattern or a good Horizontal resistance, If it gives breakout we can plan for buy side. Always take retest entries. Plan your trade accordingly.....
About U.S. Dollar / Swiss Franc
The USDCHF, also known as the “swissie” is the fifth most traded currency in the Forex market. It is considered to be a safe haven pair due to its stability and neutral character of Switzerland and is a reserve currency used by markets worldwide.
Bearish out look for USDCHFLooks like an ending diagonal is forming on wave 5. a break of the lower trendline could see more bearish movement
USDCHF SHORTwe have a daily time frame order block . we can plan a short trade and target the levels mentioned in the chart.
usdchf buy 2hTrade Idea:
📍 Entry: 🎯 Target: ⛔ Stop Loss: (MARKED IN CHART)
💡 RISK REWARD 1 : 3
💰 Risk 1% of your trading capital.
⚠️ Markets can be unpredictable; research before trading.Disclaimer: This trade idea is based on Elliott Wave analysis and is for informational purposes only. Trading involves ris
usdchf sell Trade Idea:
📍 Entry: 🎯 Target: ⛔ Stop Loss: (MARKED IN CHART)
💡 RISK REWARD 1 : 3
💰 Risk 1% of your trading capital.
⚠️ Markets can be unpredictable; research before trading.Disclaimer: This trade idea is based on Elliott Wave analysis and is for informational purposes only. Trading involves ris
USDCHFA resistance level is the point on a price chart at which an upward price trajectory is impeded by an overwhelming inclination to sell the asset. If a market price is nearing a resistance level, a trader may opt to close their position and take the profit, rather than risk the price falling back.
Going to SHORTPICTURE is INVERTED
As per analysis, this pair may shrink and will touch marked line soon
USDCHF LONGWait for a 4hr candle close above 0.88700 level. then we can plan a long trade till next resistance levels after a bullish candle confirmation.
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USDCHFUSD/CHF ticks higher after jobless claims fall
It doesn’t take much for the greenback to jump in this shaky market environment.
USDCHFUSD/CHF powers up as dollar gains strength
The pair advanced to levels above 0.93 in early Friday deals.
USDCHFUSD/CHF extends decline as dollar falls
The exchange rate slipped under 0.9200 early on Thursday
USDCHFSwiss franc shifts gears
The Swiss currency is gaining momentum against a weaker dollar.
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