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Usdchfbuy

USD/CHF - continued bullish momentum for USD this week?USD/CHF price action saw exceptionally bullish momentum last week, climbing approx. 200 PIPS. As price has respected a strong 4H trend line consistently last week, and with price closing above the lows created in March, we will be looking for continuation of this bullish trend. We will be looking at a zone of upcoming confluence between the 4H trend line and the resistance now turned support at 0.9270. Initial price target of 0.9380. If price closes below the 4H trend line, our analysis will need to be re-evaluated, as stronger pullback may come in to play as price action takes time to breathe.
Long
by TheForexFellows
USDCHF - SWING - 17. SEPT. 2020Welcome to our weekly trade setup ( USDCHF )! - 1 HOUR Bullish price action and break above main sr level. 4 HOUR Very strong bullish pa and pressure. DAILY Overall strong buys right now, good long entry! - FOREX SWING BUY USDCHF ENTRY LEVEL @ 0.91070 SL @ 0.90570 TP @ 0.91830 Max Risk. 0.5% - 1%! (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
Long
by DACapitalTrading
76
USDCHF is bounced from 0.90000 markUSDCHF USDCHF is making a big falling wedge pattern which is similar to the WXYXZ Elliott impulse wave pattern is a indication of the buyers are gaining some strength to make this pair more bullish Yesterday the upside resistance trend line was broken and it's currently in a retest phase which will give as a good risk reward ratio We can open buy orders at this level and the potential take profit will be 0.92000 which is a major psychological and it's coordinates with the upside trend line which is still intact since may If the major trend line is broken we can expect a longer bullish run towards 0.97000 In H4 chart the price is trading above the 50,100 Exponential moving average and the next hurdle is a 200 EMA will act as a recent resistance to the bullish run If the price broken at 0.91500 it's a clear sign of more bullish trend Please like, subscribe and share your ideas and charts with the community Disclaimer! This post does not provide financial advice. It is for educational purposes only
Long
by forexorbit
1
USDCHF Buy setup!USDCHF buy idea is a clear as daylight, pretty much confident that price will playout as follows. Price will push up, and then retrace before another strong push to the upside, I will enter after the retracement takes places. Amazing R:R. Nothing but price action trading we do over here. However, I am also aware that we are at a key support level so, we also keeping an eye on this level incase price decides to breakdown to the downside, but that's quiet unlikely as again, this level as been respected just for about a month. Comment your thoughts below
Long
by bigdaddydivi
5