USDCHF_SPT trade ideas
Long entry of the lower end of the range with MPP (P)When MPP (P) functions as a resistance line, consider long entry.
First limit: WePP (P) 0.99610
Second limit: 1.00000
Third limit: 1.00400
I would be grateful if you like it idea,give me follow or agrees!
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Brown thick line: Yearly Pivot Points (YPP in the text)
Light blue thick line: Monthly Pivot Points (MPP in the text)
Green thin line: Weekly Pivot Points (WePP in the text)
Indigo thick line: Horizontal line or Trend line seen by weekly or monthly
Indigo thin line: Horizontal line or Trend line seen by 4hourly or daily
Indigo dotted line: outstanding round number.
Red thick line: Untrustworthy line for me
Red curve: EMA 20 close
Indigo curve: EMA 200 close
Green curve: EMA 800 close
Black curve: EMA 1600 close
x mark: Line which may not function
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WAIT FOR THE BULLISH CANDLE...HI GUYS WAIT FOR THE BULLISH CANDLE...PIN BAR OR ENGULFING CANDLE...ABOVE 200MA...THEN GO LONG...IF BELOW 200 MA WE GO FRO SHORT.. SO WAIT FOR CANDLE TO CLOSE...
short USDCHFREASONS
REJECTED THE LEVEL 1.00000
WAS IN A CHANNEL FOR A WHILE NOW ITS BROKEN
CLOSING BELOW THE NEAREST RESISTANCE ZONE
MA 21 AND 55 CURVING/CROSSING ABOVE IT
channel breakout USD CHF Channel breakout .Trend is down and also looking weak.Sell at 0.99100 - 0.99090 with a Stop loss 0.99183
selling USDCHF we gonna sell USDCHF pair accordingly harmonic pattern BAT PATTERN
secondly, stochastic helps us to get an another idea about selling this pair
i hope we get this accordingly because that's my first ever try!!
short...market already retest its previous support which was broken..and daily we see 50 ma resistance level...in 4hr market is below 200ma
MPP, almost did not move.MPP was updated in July.
Unfortunately, however, it did not almost move about this symbol.
As the weekly chart, it is a range market so it will be both short and long compactly for a while.
Weekly chart
<< tactics >>
1) MPP (P) 0.98956 is function as a support line
long.
The first limit is under WePP (R1) 0.99799.
The second limit is under 1.0000 but it seems to be dangerous.
2) It is doubtful whether MPP (P) 0.98956 functioned as a support line
After going through MPP (P) 0.98956 and acting as a resistance line, consider a short entry.
I would be grateful if you like it idea,give me follow or agrees!
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Brown thick line: Yearly Pivot Points (YPP in the text)
Light blue thick line: Monthly Pivot Points (MPP in the text)
Green thin line: Weekly Pivot Points (WePP in the text)
Indigo thickLine: Horizontal line or Trend line seen by weekly or monthly
Indigo thin line: Horizontal line or Trend line seen by 4hourly or daily
Indigo dotted line: outstanding double zero
Red curve: EMA 20 close
Indigo curve: EMA 200 close
Green curve: EMA 800 close
Black curve: EMA 1600 close
x mark: Line which may not function
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ab=cd found double top..50ma also breaks waiting for the confirmation breakout of red trend line..after we go for short...
usd/chf long setup for next week as we can see that usdchf is on nice uptrand i miss the move from bottom but now i am looking new formed support area and a nice pullback move that coming down
USD/CHF Technical analysisThe 1-hour chart of USD/CHF indiacates that the pair is currently in downtrend.
The pair broke the support the 0.99366 and it made a sell off.
The pair is currently making a retracement of 61.8% and we expect the bears to return in the price zone of 0.99366 which can act as a resistance.
USDCHFPoints to note:
1. Took support from Trendline and 50ema
2. Wait for the trendline to get broken, then short.
3. currently at small resistance but no clear signal of reversal.
4. Momentum at previous resistance.
buy green arrow...hi guys buy green arrow if market reach...that is our strong support... long from green arrow..thanks
USDCHF LOOKS GOOD TO SELLUSDCHF broke the triangle and trading below the range so its good to short with very small sl
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...
