USD/CHF - 1H Analysis & Trade Plan
📊 USD/CHF - 1H Analysis & Trade Plan
🔹 Market Structure:
✅ Break of Structure (BOS) confirms a bearish trend continuation.
✅ Change of Character (ChoCH) indicates potential reversals.
✅ Fair Value Gaps (FVG) highlight imbalance zones that may get filled.
🔹 Key Levels:
✅ Resistance Zones:
• 0.91441 - 0.91552 (Major resistance)
• 0.91171 - 0.91228 (Lower resistance zone)
• 0.90892 - 0.90933 (Reaction zone)
✅ Fibonacci Retracement Levels:
• 0.382 (0.8997), 0.5 (0.9004), 0.618 (0.9010), 0.705 (0.9015), 0.786 (0.9020)
📌 Trade Idea:
🔹 Bearish bias remains valid unless price breaks 0.9020.
🔹 A rejection from FVG and Fibonacci levels could push price down to the 0.89139 - 0.89335 demand zone.
🔹 If price breaks above 0.9020, the next target could be 0.9089 - 0.9093.
#FXFOREVER #USDCHF #ForexAnalysis #SmartMoney #LiquidityHunt #BOS #FVG #PriceAction
🔹 Market Structure:
✅ Break of Structure (BOS) confirms a bearish trend continuation.
✅ Change of Character (ChoCH) indicates potential reversals.
✅ Fair Value Gaps (FVG) highlight imbalance zones that may get filled.
🔹 Key Levels:
✅ Resistance Zones:
• 0.91441 - 0.91552 (Major resistance)
• 0.91171 - 0.91228 (Lower resistance zone)
• 0.90892 - 0.90933 (Reaction zone)
✅ Fibonacci Retracement Levels:
• 0.382 (0.8997), 0.5 (0.9004), 0.618 (0.9010), 0.705 (0.9015), 0.786 (0.9020)
📌 Trade Idea:
🔹 Bearish bias remains valid unless price breaks 0.9020.
🔹 A rejection from FVG and Fibonacci levels could push price down to the 0.89139 - 0.89335 demand zone.
🔹 If price breaks above 0.9020, the next target could be 0.9089 - 0.9093.
#FXFOREVER #USDCHF #ForexAnalysis #SmartMoney #LiquidityHunt #BOS #FVG #PriceAction
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
fxforever
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.