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Possible Sell USDCHF
Here's a breakdown of USDCHF : I've chosen to sell USDCHF on today's 2024/01/05 NFP day. The decision is based on a few factors: firstly, observing the trendline, which shows a clear upward movement. Secondly, I've noticed candlestick patterns that suggest a bearish market sentiment. Lastly, there's an 'M' formation in the price action, indicating a potential continuation of the bearish trend. I'm keeping an eye on risk management strategies, including setting stop-loss levels, while considering broader market conditions.
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New comment Jan 5
Possible Sell USDCHF
Post your analysis to the "Community Analysis" category!
Hey Everyone, just a reminder that there is a "Community Analysis" category which is designed for everyone in the group to share their analysis. This will help everyone connect and learn. I will also post my thoughts under your analysis that you share with the community.
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New comment Dec '23
Possible tue reversal
Fellow trader's, I am looking at EURUSD a possible tue reversal. According to my understanding most of the confluence as being meant. Obvious trendline, S/M. Tue #signature trader. Asian consolidation London break out. The price is at the low of the previous day... Waiting for confirmation entry now
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New comment Dec '23
Possible tue reversal
My analysis for USD (DXY Index) for the start of the week!
Here is my analysis on the USD for the start of the week, a pretty basic outlook. Let's see what happens for the remainder of the week! I'll update my analysis if I my bias changes! https://www.tradingview.com/x/HQDaP6VH/
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My analysis for USD (DXY Index) for the start of the week!
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