Dollar A.S. / Franc Swiss
Diupdate

USDCHF - trade ideas

350
I will start this thread with the diagonal structure identified on H4 time frame.

This diagonal may be a leading diagonal - implying that next immediate move after a proper correction will be to the downside, OR
an ending diagonal - usually, as the wave C in a large flat.

I will illustrate both options here.

Given the DXY structure I am favouring the next move down (D1/H4), after a proper corrective pullback.

Trade safe
Catatan
Daily frame - bearish option (A zigzag (ABC) completed and confirmed downside with an impulsive move down as a leading diagonal):

cuplikan
Catatan
Second option - for a bullish case - a double zigzag, where wave X is likely completed as an expanding diagonal. Price is close to 62% retracement against wave W.

cuplikan
Catatan
Misprint in the last comment - as an expanded flat (instead of ED). :)
Catatan
That’s the bullish 1-2 on m15
cuplikan
Trade aktif
Bought.
SL 0,934
Below the channel & MA50
Catatan
Nice set up
cuplikan
Catatan
SL below ma50 h1 (to the earlier update)
Trading ditutup: stop tercapai
Trade aktif
Opened 0,01 buy
SL below the last low
cuplikan
Catatan
It’s a nice head and shoulders pattern on H1
cuplikan
Catatan
Update m15. H&S still valid, still a corrective whipsaw, as a tripple combo
cuplikan
Catatan
This combo may be a correction against a leading expanding diagonal:
cuplikan
Catatan
On top of that:
cuplikan
Catatan
Breaking out of the corrective price channel
cuplikan
Catatan
The wxyxxz can be marked as follows, with the ending diagonal as wave Y

cuplikan
Catatan
A nice breakout. Waiting for the further upside. Could draw a couple of h1 trend lines on the price chart, as well as on RSI
cuplikan
Trading ditutup secara manual
Closed in profit 70 pips, plus swap. A small overall profit for two trades. Next ideas in a separate thread later. Good luck!
Trade aktif
Decided to prolong the life of this thread. Opened a buy 0,01 @ 0,9299
Catatan
cuplikan
Trading ditutup secara manual
Closed @ 0,936
Nice trade.

Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.