USDCHF BUYThis is USDCHF 4H timeframe analysis, i'm seeing that the market is gonna come up for retracement which is buy first then SELL.
Usdchfbuy
USDCHF, daily tf, buy on confluence of supportHello everyone,
I hope you all enjoy your weekend.
I am gonna share my trading plan for next week, if you find it useful please give this post a like and follow me for my next updates.
The first pair i would like to trade for next week is USDCHF pairs. As you can see this pair has moved 200 pips to the downside for the first week of December.
Friday candle showed that bears are now exhausted and we could pretty much see some retracement to the upside.
It is now meeting an area of confluence support at 0.8900 area because there is so many supports stacked in this area which is why i think it is an area of confluence for support.
If you're a fan of Elliott Wave and try to do a wave count, you might find this is also a level which could be a turning point.
Because 0.8900-15 area is the place where 127.2 fibonacci retracement level located.
Wave-5 usually end at this fibonacci level because if it continue to 161.8 level, it could be considered as an impulsive Third Wave.
Buy USDCHF 0.8910
Stop loss 0.8870
Take profit 0.9030 (3R)
RR Ratio 1 : 3
Use only 1-2% risk
Good luck
USDCHFAlthough there is a strong bearish channel but I see a possible upward move in USDCHF currency pair,
USDCHF Buy Position | Seconds IdeaThere are now two options for trading in two different directions.
This is the second position in this idea.
Seconds Idea
USDCHF 100 Pips Swing trade Will it break 100,200 EMA resistanceUSDCHF
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⏳14 Hour chart
🎲 Swing trade
⛳️Bullish entry
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Detailed analysis 💬
1️⃣ 0.90000 Swiss national bank intervention level
2️⃣ 0.90000 Strong trend reversal area
3️⃣ Positive risk sentiment, Vaccine news, Selling off CHF
4️⃣ RSI has reached around 39.00 Oversold condition
5️⃣ MACD about to cross the signal line, histogram is slowly fading towards green
6️⃣ Stochastic reached below 25 Oversold condition
7️⃣ Short term Technical support - Bullish
8️⃣ 50,100,200 EMA cluster resistance for bull
9️⃣ Bollinger bands reached lower side of the band
🔟 Possible swing target-0.91400 (23.6% Fibonacci) Point of control area
#️⃣ Overall long-term trend- Bearish
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Bullish entry #usdchf
Entry price -0.90400
Take profit 01 - 0.90900 (50 Pips)
Take profit 02 - 0.91400 (100 Pips)
🚫 Stop lose 0.90050 ( 35 Pips)
⬆️ 1.11% Growth expected
⤴️ Account growth .39 : 1.11
✅ Risk reward ratio 1 : 2.84
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usdchf buyhi traders,
price has done a nice rejection of the white support highlighted
it has also formed a bullish flag structure - await price action to enter
goodluck
Looking to Buy USDCHFHi Trader looking for buying oppotunities when price completed head and shoulder pattern. See from lower time frame buying setups. This idea get invalid if there is no buying setup presented in highlighhted support level .
USDCHF Buy PositionWhen the price reaches the limit of 0.9175, move your Stop Loss to the entry point.
USDCHF Possible election outcomelooking at the patterns forming with the election delay could lead to good swing opportunities for traders.
our first target is the 50 EMA followed by the resistance level.
entry will depend on your risk management ratio
like and follow for more updates on the pair.
feel free to comment with a link to your chart.
Buy now for Usd / ChfBuy now for Usd / Chf.
If you look at the current price, the price has broken the down channel. seen a reversal by breaking the blue line and trendline.
the blue line can become the RBS area (resistance becomes support)
USDCHF LONG Hello everyone, usdchf is looking good for a long opportunity, watch how price will hold this areas and trade on bullish impulse, be safe and good luck.
USDCHF is setting up for a big move Usdchf first wave correction is almost completed, now its getting ready for a bigger move to the upside
entry arround 0.90700/0.90500
Good luck everyone
USDCHF FORECAST UPDATEPrice broke out from correction trend line, almost missed the opportunity but fortunately there is still room for a trade
USDCHF Buy zoneWhat a nice a opportunity!
you never quite know where the next big wave or gust of wind is coming from, but you know it is out there.
USDCHF: Perfect BUY opportunityAfter a strong bullish impulse, the price has contracted to a major support.
From now the price will start to move very high.
Bulls are in control now!Breaking the daily countertrend line says that another leg of impulsive move is about to happen.
Sit tight and enjoy the ride.
USDCHF - Daily; Massive Buy!! - LONGIt's about to take off!!
Here one also have the SNB on one's side as this one is very heavily(!!) manipulated - the SNB printing/selling the CHF.
Here is the Weekly chart;
Look at where it is!!
... and here is the 4hr.
... for the exact LONG Entry.
USDCHF buy opportunity USDCHF reached 50% fib level and confluence with support area, buy opportunity
