USD/CHF | Channel breakdown bullish Retest of high chance Easy?
📉 USD/CHF Price Forecast: Bearish Breakdown & High-Probability Trade Setup 📉
The USD/CHF bullish channel has officially broken down, confirming a strong bearish momentum This breakdown signals a shift in market structure with price action moving into a major selling zone
With a fair value gap (FVG) and key retest levels traders should focus on ideal short entries within a critical price range before further downside continuation
🔥 Key Trading Levels & Setup:
📌 Retest Entry Zone: 0.9050 - 0.9100
🎯 Target Points:
✅ 1st Target: 0.8900
✅ 2nd Target: 0.8830
✅ 3rd Target: 0.8750
📊 Technical Confirmation:
🔹 EMA 50 → Confirms a bearish trend shift acting as dynamic resistance
🔹 Channel Breakdown → Indicates strong selling pressure from institutional traders
🔹 Fair Value Gap (FVG) & Retest Levels → Possible pullbacks before the next drop
🔹 Lower Highs & Lower Lows → Classic market structure for a downtrend
🚀 Trading Strategy:
1️⃣ Wait for a retest within the 0.9050 - 0.9100 zone to confirm market rejection.
2️⃣ Look for bearish candlestick formations (e.g bearish engulfing, shooting star).
3️⃣ Enter a short position with a controlled stop loss above the retest zone.
4️⃣ Follow risk management – maintain a strong risk-reward ratio.
5️⃣ Target the downside levels step by step while adjusting stop-loss for profit protection.
🔴 Risk Management is Key: Always set stop losses and avoid over-leveraging.
📢 Follow the Rules & Trade Smart!
🔔 Like Comment & Follow for real-time market insights expert trade setups, and profitable trading strategies! Let’s trade smart and stay ahead of the market!
The USD/CHF bullish channel has officially broken down, confirming a strong bearish momentum This breakdown signals a shift in market structure with price action moving into a major selling zone
With a fair value gap (FVG) and key retest levels traders should focus on ideal short entries within a critical price range before further downside continuation
🔥 Key Trading Levels & Setup:
📌 Retest Entry Zone: 0.9050 - 0.9100
🎯 Target Points:
✅ 1st Target: 0.8900
✅ 2nd Target: 0.8830
✅ 3rd Target: 0.8750
📊 Technical Confirmation:
🔹 EMA 50 → Confirms a bearish trend shift acting as dynamic resistance
🔹 Channel Breakdown → Indicates strong selling pressure from institutional traders
🔹 Fair Value Gap (FVG) & Retest Levels → Possible pullbacks before the next drop
🔹 Lower Highs & Lower Lows → Classic market structure for a downtrend
🚀 Trading Strategy:
1️⃣ Wait for a retest within the 0.9050 - 0.9100 zone to confirm market rejection.
2️⃣ Look for bearish candlestick formations (e.g bearish engulfing, shooting star).
3️⃣ Enter a short position with a controlled stop loss above the retest zone.
4️⃣ Follow risk management – maintain a strong risk-reward ratio.
5️⃣ Target the downside levels step by step while adjusting stop-loss for profit protection.
🔴 Risk Management is Key: Always set stop losses and avoid over-leveraging.
📢 Follow the Rules & Trade Smart!
🔔 Like Comment & Follow for real-time market insights expert trade setups, and profitable trading strategies! Let’s trade smart and stay ahead of the market!
Trade active
If it breakdown below the consolidation a big sell-off may be seen Don't miss this point Keep watching this market USD/CHFNote
Consolidation breakdown Done First Target successfully touched 0.8900 Hold 3rd target point
Trade closed: target reached
3rd target successful
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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.
Related publications
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.