Usdchfprediction
Analyzing USD/CHF and taking a look at a low-risk buy set-upOverview - Recently, USD/CHF has slid below the 0.93 level.
However, on the lower end of the 0.92 level there lies some support. Let's
take a look at whether buyers have a good chance.
Analysis - From the chart we can see 0.9220 level can provide some support
if price drops to that level.
Probable trade set-up - Based on the support level, a buy entry at 0.9220 with
SL below 0.9180 and TP at 0.94 is a low-risk trade set-up.
Disclaimer - This is simply an analysis and not a trade recommendation. The trades will be
executed only if it meets the required criteria.
USD/CHF Elliott Count !! Trade the 5.WaveHello Elliott-heads !!
My count:
We are currently in the 4th wave of the 5th. The probability that we will retrace to 0.236 -0.38 is very probable.
My personal goal lies at 0.95
Entry 0.93599
Target 0.95031
S / L 0.9314
R / R 3.12
Traders, if you liked this idea or have your opinion on it, write in the comments, I will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Dyor and trafe save.
USDCHF sales from the level of the main target 0.88770USDCHF sales from the level of the main target 0.88770
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Be sure to leave a comment let us know how do you see this opportunity and forecast.
USDCHF possible shortI believe if we look at the monthly charts and the weekly, we can see that there is a strong possibility to make this one go down furthermore.
It is testing the weekly resistance zone now, and to be honest, I'm jumping into this one a little early though, I wanted to wait for an extra price action confirmation, but my RR is 1 to 3. As I use to say, with a RR 1:1 it's a very high possibility trade since institutional traders as super long and on the Euro as well.
Anyway, have a great week everyone! Cheers!
USDCHF ANALYSIS 22 - 26 FEBANALYSIS
==========
DAILY - BULLISH
4HR - BULLISH
PLAN OF ACTION
================
IM EXPECTING PRICE TO COME RETEST 0.84 MINOR ZONE ON 4HR THEN WE TAKE BUYS IN LINE WITH THE HIGHER TIME FRAME INDICATION
BUYS:
ENTRY @ O.84 ZONE
EXIT AT 0.904
SL BELOW THE 0.84 ZONE
IF NOT THEN PRICE WILL BREAK THE 0.84 ZONE AND WE PUSH DOWN THUS TAKING SELLS