Usdchfsell
USDCHF shortMaybe I jumped in a little early, bu I only took half size position as I used to. RR is okay, and I think we have a good chance to retest the lows and making new records. Also we are very near to a historical congestion zone on the monthly chart. If you check the price level 0.9603 we can see that from that area below many times price has tested those levels. It might just happen again.
Cheers everyone, and happy monday! :)
USDCHF - FOREX - 27. JAN. 2020Welcome to our weekly trade setup ( USDCHF )!
-
1 HOUR
Bearish market at its resistance
4 HOUR
We should see a bearish drop shortly
DAILY
Overall sellers trend with a pullback, good short entries!
-
FOREX SETUP
SELL USDCHF
ENTRY LEVEL @ 0.97130
SL @ 0.97350
TP @ 0.96690
RR: 2.0
Use 0.5% risk!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
USDCHF - FOREX - 22. JAN. 2020Welcome to our weekly trade setup ( EURGBP )!
-
1 HOUR
Bullish break above previous highs
4 HOUR
Bullish pullback towards previous resistance zone
DAILY
Great short entries, prices very high at actual range.
-
FOREX SETUP
SELL USDCHF
ENTRY LEVEL @ 0.97130
SL @ 0.97560
TP @ 0.96280
RR: 2.0
Use 0.5% risk!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
#USDCHF, We are before a serious declineThe candles are located under the Ichimoku cloud.
The candles are placed below the average moving lines 100, 200.
The USDCHF broke the support line by $ 0.9656
All signs show a continuing weakening of the USDCHF so our recommendation will be Sell.
Target: 0.9340
FURTHER SELLING POTENTIAL ON USDCHF At the moment USDCHF is sitting at critical support and is showing potential for price to retrace ( and gain bearish momentum) before making new lows. If price does indeed move bearish, we will be looking at the two levels i have marked as take profit levels. I would advise scaling out part of your position at the first take profit and allowing the rest to ride risk free.
USDCHF SHORT IDEAOverall this pair I believe still has further more downside potential. Now that we’ve rejected some key levels & broken trendline/structure, this makes my bias even stronger for sells on this pair.
After such a strong impulse move down. Let’s wait for price to retrace to the 50/61.8 fib level to get a retest of That broken trend-line before considering shorting this pair.
Or alternatively wait for price to break daily resistance level and grab a entry on the retest of that level for a bit safer entry.