USDCHF - Daily Trade Idea - 12-Jan-23USDCHF (LONG)- If all the support holds in place.
If we see the Support broken out then we could see the shift in the trend.
I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry.
- Rejection Candle Formation - Green Candle after the Red Candle.
- Stochastic - Oversold Area
- Timing of entry Prior / during UK / US Market Session.
Usdchflong
USDCHF (LONG) 🔥🔥🔥ENTRY OPPORTUNITY
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Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in this analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck
USDCHF - Daily Trade Idea - 11-Jan-23USDCHF (LONG)- If all the support holds in place.
If we see the Support broken out then we could see the shift in the trend.
I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry.
- Rejection Candle Formation - Green Candle after the Red Candle.
- Stochastic - Oversold Area
- Timing of entry Prior / during UK / US Market Session.
UsdChfBuy Position, Reason :
1. Completed Fibo Level 423%
2. Divergence has appear, mean will make some retracement or change of trend.
3. Compression
4. Daily support area
5. 3 drive pattern in the making
P/s : My view and your view may be differ, so pls do not follow without make comparison with your analysis. Goodluck.
USDCHF levels below 0.9240 continue to attract.USDCHF - Intraday - We look to Buy at 0.9235 (stop at 0.9209)
Levels below 0.9240 continue to attract buyers.
Expect trading to remain mixed and volatile.
We look to buy dips.
We are trading at oversold extremes.
Our profit targets will be 0.9298 and 0.9308
Resistance: 0.9300 / 0.9320 / 0.9340
Support: 0.9280 / 0.9270 / 0.9250
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USDCHF H1: Bullish outlook seen, further upside above 0.92800On the H1 time frame, prices are approaching the support zone at 0.9280, in line with the graphical support and 50% Fibonacci retracement level where a throwback to this zone presents an opportunity to play the bounce to the resistance zone at 0.93700. Prices are holding above the Ichimoku cloud as well, supporting the bullish bias.
USDCHF - LONG BIASHi Everyone,
I have just entered a buy position in USDCHF to hold until next order block above on the 1H Timeframe.
It does look like a rising wedge, but it has failed to break below recent support & order block around 0.964 area, so I think it needs to visit 0.9700 key level to grab more orders and then it will be ready for the next move.
This trade has also the fundamentals in its side, which helps to increase the probability of hitting take profit.
If you have another view, let me know in the comments below!
Thanks,
Gaspar_Trader
USDCHF - Short from here ✅Hello traders!
‼️ This is my analysis on USDJPY .
Here we are bearish from H4 timeframe perspective, so I am looking for shorts. I expect bearish price action from here as price filled the imbalance and could reject from bearish orderblock + institutional mid figure 0.93500.
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