Usdchfidea
USD/CHF SELL IDEAHey tradomaniacs,
welcome to a new free trading-setup.
Notice: This is meant to be a preparation for you! As always we will have to wait for a confirmation!
USD/CHF: Daytrade- Preparation
Market-Sell: 0,88890
Stop-Loss: 0,89280
Point Of Risk-Reduction: 0,88530
Take-Profit: 0,88150
Stop-Loss: 39 pips
Risk: 0,5% -1%
Risk-Reward: 1,90
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
USD CHF MAY GO LONG ACCORDING TO MY ANALYSIS. {18/1/2021}Disclaimer:- Educational Analysis says Usd Chf may go Long according to my technicals.
This is not an entry signal. I have no concern with your profit and loss from this analysis.
Why Long?
Because the 15 min timeframe market is making a higher high and higher low, it means the start of an uptrend.
For Additional Confirmation on this trade. you may go for 15 min there, the pitchfork tool may help you with this analysis in a more disciplined way.
USD/CHF could continue its breakout to the UPSIDE!Hey tradomaniacs,
USD/CHF could continue its breakout in order to complete the correction❗️
Technical aspects:
1️⃣ False breakout below monthly support
2️⃣ Violation of upper Trendline and a breakout of Trendchannel
3️⃣ 5-Wave-Pattern completed heading into an A-B-C-Correction
4️⃣ MAC-D bullish divergence with equal Lows
5️⃣ High volatility at Key-Support (SL-Fishing)
7️⃣ Low open interest below key-support-zone
8️⃣ 55 EMA and 21 EMA violated and crossed
9️⃣ Momentum to the upside with chasing PoC of higher prices
Correlations:
1️⃣ CHF/JPY falling indicating CHF weakness as USD vs JPY still weak
2️⃣ DXY (US-DOLLAR-BASKET) rising due to risk-off-mood in the market
3️⃣ S&P500 as expected rejected off Trendline and tends to correct
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
PS: This week I only share my analysis as market-conditions are still weak due to loq volume and liquidity! Will be back with signals next week!
USD/CHF- Will Complete Head And Shoulders Pattern?Here's the USD/CHF 15m Chart, and we can see here the possibility of the Head and Shoulders. The last shoulder in the making process. The trend has to cross the following levels ( 0.8886 - 0.8896 - 0.8900 )to make the shoulder, and it will go up to around 0.8906 . After that, it will start to fall and touch the neckline ( 0.8871 ), and then after crossing the neckline, there can be a short reversal, but it will fall to the following target 0.8866 - 0.8859 .
But what if it starts to march upwards?
If the trend continues to move upside, that means the failure of the head and shoulders pattern. And the targets for the uptrend will be 0.8910 - 0.8913 - 0.8920 .
Fibonacci Retracement:
Swing high: 0.9174
Swing low: 0.8822