USD/CHF

Quoting arifchw

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Analysis: For the USDCHF H4 timeframe, the dashboard indicates a prevailing bearish sentiment across several indicators. The Moving Averages (MA) signal a "Very Strong SELL" at 100%, reinforced by "SELL" signals from MACD and RSI. Stochastic also suggests a "SELL," while ADX points to a "Weak SELL," indicating some selling pressure but not an overwhelming one. Conversely, CCI shows "Oversold" conditions, hinting at a potential exhaustion of the current.... {file}

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Quoting ngson99

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Opened a long term buy position, aiming for .9100 level - could be a few years , collecting positive swap while waiting

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Quoting Foxikus

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Something's cooking at CHF today.

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Quoting Cobra

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USDCHF Daily It will soon rise. It is busy forming a bottom. Roughly 450 points up for grabs. If it goes lower a bit, i will buy more. {image}

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Quoting jmmn

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{quote} Do you, Cobra, continue thinking the same? It is taking too long...

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Quoting Cobra

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{quote} My plan did not change at all. I am trading the daily here for longer term gains. I stand with my previous post. The market went lower indeed and i have bought more. The same applies for the EURUSD. Have sold for about 650 pips TP. I am looking for a 50% gain in acc growth just on my two positions on EURUSD and USDCHF {image}

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Quoting jmmn

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{quote} Do you know what, Cobra? I am in line with you, but time passes and this is taking too long... I know Patience is a must but I have to admit that it is not easy to wait for so long and at the same time read, in any type of specialized press or in serious banking reports, that the USD is going, little by little, to 1.20/1.22/1.24 or that the USDCHF will see 0.76... When you wrote your post 6461 the usdchf was like this...= 0,8215 Today it is like this = 0,7939 {image} And believe me, I am VERY MUCH LONG of usdchf and VERY MUCH SHORT of eurusd...

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Quoting Cobra

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Colours as per mt4 red = 5 Min timeframe Yellow = 15 Min magenta = 30 min white = Hourly Magenta = 4H Hotpink = Daily X = a stretched-out market ready for a pullback to its mean Y= 4h Mean and Take profit area z= unclear. stay out. Throw in some other indicators of your choice and you have a basis for a solid system. Strategy: trade back to the Mean. trade from the outside in. Not from the inside outwards. (If that makes sense.) From an already stretched out market back to its mean. easier to see if a market is stretched out as to where it wants...

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