USDCHF 4HR Chart - potential setup

last post tonight - am knackered!!


divergence…


Hi, any opinions out there on current USDCHF action? will price go down to next S/D area? that long idea i had looks knackered!


I’m currently short, but it doesn’t look like it’s picking up much steam. I may close out in a day or two if it breaks upward.

nice one mate. any levels you watching in particular?

cheers

this .92694ish area is most deff an important one.


Not in particular. There’s some support a little but down from a low a bit ago, but I’m more reactionary to the candles themselves.

On average I carry trades for about four days. I’m fifteen pips in the money now, we’ll see how it ends up. It still is looking good though.

hey mate, potencial bounce @ support?


watching with interest…


Usdchf posted large bullish engulfing candle for daily cob yesterday, it engulfed pretty much the last 9 candles on daily…

At top of current range, watching candle pattern for shorts

man what a busy start to the year!! finally getting sime time to post again.

anyway USDCHF interesting at current levels. we are at daily supply and stochs overbought. still watching for candle pattern to confirm potential shorts here. tks


still watchin…


pa is at major daily (per prev post) supply however the 4hr not exactly looking like reversing at this point so uptrend still intact. if pa manages to breakout and hold upside gain above this pivitol area i will be b@lls long!! watching daily and 4hr keenly…


gone short on closing daily bearish candle. stop above last high - 1st tp .937


Still holding my short. Ride it down!

chart update


chart update - pa @ 4hr supply


nice bounce off 4hr supply. heading back to 4hr demand area?


4hr demand hit. i’m now out of USDCHF.