This is my analysis for this pair am looking at reversal to the upside OANDA:USDCHF
This is what i see on multiple time-frames just wait for confirmation to enter
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.9755. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=0.979. TP4: R2=0.98. Set the stoploss of these orders at breakout of S2=0.9745. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=0.9765. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=0.9725. TP4: S2=0.9705. Set the stoploss of these orders at breakout of R2=0.9785. Stop and reverse: If trend gets reversed, buy (stop) orders will be opened at breakout...
USDCHF 4 CHART BULLISH SUPPORT & RESSIDENT BOX CROSS BUYING ZONE OANDA:USDCHF
USDCAD:- PRICE ACTION RISING TOWARDS THE RESISTANCE ZONE ON D1 TIME FRAME. SELL@1.3305 SL@1.340 TP.290
disclaimer.. not an investing/trading recommendation
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (0.9980). 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. .The price is above the 21-Day WEMA which acts as a...