POW reversal in use on this idea.
Working AUDCHF on the 20M time frame on this strategy.
Strategy is set to mainly pick up short moves
One current live trade moving fast in this mornings markets.
White dotted lines are entry points.
Green lines are take profit and purple lines are stop loss.
Trade label shows all trade details.
Stats for the pair can...
USDCHF is currently retesting the broken support turned resistance.
It is good indication that the market is going to stay short for the next movements.
my next target is the support line drawn on the chart.
What is your analysis on USDCHF?
The strength of the dollar may wreck the franc. I think it might correct heavily against both the dollar and the yen. While this was not as per my expectations, it seems like price action has its own plan. What interesting times we live in.
Seasonal Screener: Buy signal for $CADCHF
#CADCHF shows a bullish seasonal pattern between 29th Dec – 06th Jan. Historically CAD/CHF was up 13 out of last 15 years (Hitrate: 86%). With an average return of 1.29 % for that period.
Hello Traders,
Here we have a GBPCHF long trade idea. If you like this idea please show your support!
GBP
This trade idea is based off the fact that the Pound (GBP) is reaching a weekly low since the end of September 2021. We are expecting some strength as this is approaching a structure level & this will give us a double bottom reversal pattern indicating...
CHFJPY is trading in a bullish trend.
Higher highs & higher lows are respecting the boundaries of a major rising parallel channel.
This week its resistance was reached.
I will expect a correctional move.
Support levels to watch:
122.7
121.2
❤️Please, support this idea with like and comment!❤️
inverted H&S spotted, it broke the neckline. i think that it will retest the neckline and the uptrend structure that at this point are very close. this level coincides with a 61% fib correction of the move too.
target is the projection of the "head", that coincides with the 161%fib extension.
i will place my order at 0.683, the sl right below the 38% fib...
Hello everyone, if you like the idea, do not forget to support with a like and follow.
EURCHF is sitting around a daily support zone so we will be looking for buy setups on lower timeframes.
on H4 / H1: EURCHF formed an inverse head and shoulders pattern but it is not ready to go yet.
Before we buy, we want the buyers to take over again.
Trigger => ...
OANDA:EURCHF
Moving Average indicates a long position for EURCHF(4-hr Timeframe)
Retracement on a verified Support Level created created on the 30th August 2021
Parabolics also indicates a reversal trend
long Term Trade (Swing Trade)
USDCHF has broken the Fibonacci level of 0.23 on the daily chart.
seeming now the market is currently retusting, its a good opportunity to long this market. Do you have different idea on this market?
