Usdchflongsetup
USDCHF| FALLING WEDGE|ANALYSISPRICE ACTION:
• Price action finds first resistance (1), where it reverses direction and goes downwards till
finding first support (2).
• Price action reverse direction from support (2) and goes upwards, till finding the second
resistance (3) which must be lower than the first resistance (1).
• Price action reverse direction from resistance (3) and goes downwards, till finding the
second support (4), which must be lower than the first support (2).
• The pattern is completed when price action reverse direction from (4) and goes upwards till
it breaks the wedge's upper border at point (5).
TRADING THE PATTERN
• Trade entry: after breaking the wedge's upper border at point (5), with an entry after
confirming the breakout.
• Take profit: identified by measuring the vertical distance from the wedge's highest high (1)
to the wedge's lower border, that measurement is then applied from the breakout point
(5).
• Stop loss: the wedge's lowest low (4).
PLEASE LIKE THE IDEA IF YOU FOUND IT USEFUL.
USD/CHF I ANALYSIS Dec. 7th - Expect to rise +100 pips Hello Traders, here's an analysis of this pair. Let us know in the comments section below if you have any questions or share your thoughts.
Red is sell zone, white it take profit zone, and grey is buy zone (if shown).
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We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Brian Kenya Horton, BK Forex Academy
USD/CHF on strong support level.Currently, USD/CHF is trading at 0.9033. The pair is trading in between resistance and support wedges from last 4 months and now the price has touched the support level. It can rebound back from here to start a new up trend. If the price moves upward and break 0.9068 price level, then it can move towards its resistance and its first target price will be at 0.9151 and second target price at 0.9202.
Follow proper risk management strategy to avoid unnecessary losses and to increase profitability, don't risk more than 2% of your capital on each trade.
Do follow us for future Forex trend analysis and Ideas.
Thank you,
Rishikesh Lilawat
USDCHF FORECAST*FALLING WEDGE PATTERN IN H4*
Price is rejecting from harmonic support zone and a divergence in the stochastic, indicating the completion of the falling wedge pattern.
I am going long on this pair, could have taken the position in better RR but i missed it, but i still took the long position in the second phase entry of the pattern.
Long Position on USDCHF 4HHello Traders!
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USD/CHF Technical Analysis.Currently, USD/CHF is trading at 0.9102. The pair may start a new up trend if it breaks the resistance level at 0.9150. Previously, the pair was trading in a down trend in the descending triangle resistance and support wedges. If the pair starts a new up trend after breaking the resistance level, then its first target price will be at 0.9293 and the second target price will be at 0.9381.
Follow a proper risk management strategy to avoid unnecessary losses and to increase profitability, don't risk more than 2% of your capital on each trade.
Do follow us for future Forex trend analysis and ideas.
Thank you,
Rishikesh Lilawat
USDCHF - Everything as ExpectedHello traders, this idea is an update from our previous analysis of the Swiss Franc. The portion shaded red represents levels the pair has traded in the past few days. Currently this pair has traded to a level of support @ 0.93848, we expect to see some bullishness. Our next target objective is @ 0.94942. We would wait to see how price reacts to get our valid entries.
for more enquiries on how we execute these calls send an email
via contact@addyfx.com
Happy Trading and stay safe folks.
USD/CHF Technical Analysis.Currently, USD/CHF is trading at 0.9441. The pair may start a new up trend after breaking the resistance level at 0.9445. Previously, the pair was trading in down trend from a long time in the descending triangle resistance and support wedges. If the pair starts a new up trend by breaking the resistance level, then its first target price will be at 0.9589 and second target price will be at 0.9678.
Follow a proper risk management strategy to avoid unnecessary losses and to increase profitability, don't risk more than 2% of your capital on each trade.
Do follow us for future Forex trend analysis and Ideas.
Thank you,
Rishikesh Lilawat
USD/CHF BUY SIGNALHey tradomaniacs,
welcome to another free trade-plan .
Important: This is meant to be a preparation for you. As always we will have to wait for a confirmation.
Market Buy: 0,97170
Stop-Loss: 0,96950
Target 1: 0,97380
Target 2: 0,97550
Target 3: 0,97840
Stop-Loss: 22 pips
Risk: 1%
Risk-Reward: 3,35
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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