USD/CHF

Closed a bit too early, but I needed the leverage for another trade, and this might seem to make a newer high, for a newer entry, I will keep an eye on it.

#USDCHF / H4

USD/CHF (Daily):
The price is now consolidating at the 0.618 Fib resistance zone, forming a reversal setup.
If the local support is broken, then we may see a continuation of the overall downtrend.

#USDCHF / H4

It looks like are working on a reverse Head and Shoulders with a target in the 0.90-91 area.

This is just the start imo.
What boils under the hood could be gold.

looks like the inverted head and shoulders has worked out and will not rise above 0.91 before the correction

Correction done. Let's go up now

Agree. i was looking at the CHF pairs, and it keep seeing the same thing: major downside for the CHF.

USD/CHF Analysis for coming week: Though there is a weekly FVG it is mots likely not to be going to be traded back due to 3rd candle nature. We have two immediate ERL at the top and a monthly ERL of oct 23. Once these are taken out, the pair will take a pause, a little retracement and then will decide the next big move. For immediate week, the bias is bullish.

USD/CHF weekly chart:

worked as predicted

#USDCHF / H4

scalped 20 fast&fat pips on NFP with a buystop a couple of ticks above previous HOD

another nice strike on lovely swissie

quitely scalp and swissie makes always happy

smelled the trap and turned, 20 pips fat&fast

Target - 0.88091

Waiting for GDP. Move down prior to news, any reasons as to why?