Usdchfshort
USDCHF Bearish ideaSee the linked chart for the longer term cycles and the reason for my bearish view. On the hourly we have divergence on both the histogram and the MA's followed by convergence. There is a current 4 hour support level which I expect to cause a small pull back which we can use to enter with a better risk reward.
Shark Complete In Nice PRZ 🦈USDCHF - Shark complete and price is currently at the .886 of the weeky pullback, liquidity has been taken out, DXY is still bullish so be careful price could push higher.
I don't think price will break the weekly high because of the imbalance trapped below and the mini double top currently forming, price is looking like it's going to reverse (For how far I don't know)
But it's looking good for a swing with the location of PA!
Let me know your thoughts!
** Disclaimer ***
These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a specific partial taking strategy giving me a very high win rate and take most of my profits very early, I only leave a small % of my capital to run the entire trade. On the flip side im constantly monitoring LTF momentum and will close early if things change, these analysis's are for research purposes only.
If your interested in knowing more about my specific trading strategy contact me directly or follow the link to one of my free groups!
Thanks guys!
🦈 Almost Complete USDCHF - Potential Shark pattern completing a potential 0.786 weekly downtrend pullback, the D point of the shark also lands on a very strong HTF OB, this looks like a very nice PRZ, on LTF i will be scalping in both directions based on structure/momentum but once price hits this zone Ill be looking for reversal confirmation for swings.
Let me know your thoughts!
** Disclaimer ***
These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a specific partial taking strategy giving me a very high win rate and take most of my profits very early, I only leave a small % of my capital to run the entire trade. On the flip side im constantly monitoring LTF momentum and will close early if things change, these analysis's are for research purposes only.
If your interested in knowing more about my specific trading strategy contact me directly or follow the link to one of my free groups!
Thanks guys!
USDCHF , Downward channel Hello guys
In here , we have a downward channel that the price in moving between roof and bottom of them
From 2 view of technical :
At first from the classical view we are in downward channel and we expect from the roof of the channel when price impact to roof , fall down until reach the bottom of the channel
In another view of price action we have a key and until the key is not break up and close candle above them the analysis is valid
So we conclude that in the sell zone area because of we have 2 view resistance in here ( we told you why ) we should find a sign for sell , like reverse hammer or descending cover or ...
Dont forget use stop loss after to take position and PLEASE DONT OPEN POSITION WITH YOUR EMOTIONAL
Do it correct and go to the GOD
Good Luck
Abtin
USDCHF - Range break short 5min tradeNote: 4hour, 1hour Price traveling below 100SMA
Key support level break. Only take a trade if there is a strong volume to push the price down. If not, abort mission.
Stop lost placed above Vwap (which is in between the Support and Resistance level). 1 Risk : 2.5 Reward.