elliot wave..short Emarket complete its elliot wave D to E and then we can short point E..i also describe the target...
USDCHF trade ideas
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
