Chf
CHFJPY possible expansionAfter price broke structure with momentum, it began to retrace aggressively. This was to ensure that it takes out all internal structure liquidity that accumulated during the previous expansion. Since the pair has been moving bullishly, the strong low should hold and the high should be taken out as some of the uptrend properties. Price has now approached an extreme demand that lines up with our golden zone properties for extra confirmation. Since price has now nearly cleared up all internal liquidity, it could clear the rest and precede use this demand zone to expand further up to take out the latest weak high.
USDCHF: Will It Go Lower?! 🇺🇸🇨🇭
I spotted a strong intraday bearish confirmation on USDCHF.
After a breakout of a key daily support, the price retested that.
The market started to consolidate on a 4H time frame within a narrow range.
Bearish violation of the support of the range indicates the strength of the sellers.
We may anticipate a bearish movement to 0.881
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NZDCHF: Descending resistance linesSeeing this pair reject from either the current local resistance boundary or if not the longer term descending trendline.
I'm expecting NZD weakness in the coming week so monitoring LTF's carefully.
I believe we'll be dropping down from either 0.538 or 0.543, a break above this latter number could signify reversal.
USDCHF: Continuation to the downsideThe DXY had a bad week last week and I believe this could be the start of a more sustained downward trajectory.
Conversely Swissie has been on retracement for several weeks against most crosses, but we are seeing a broad recovery.
My view is we're continuing to the downside, so I'm getting in short with a LTF confirmation next week.
USDCHF 19/11/23Usd chf following the bearish order flow as we called out last week we got our target on Friday but we still need to wait for a new range to be confirmed as we have not had two 5 minute candles closed below us and row because of this we cannot have any consistent markups until this point is formed we had a big drop off at market close that we need to wait for this to correct itself depending on if we have any gaps at market open we will monitor as market open up.
Remember to always read order flow and follow what price is showing you instead of trading based on your desired direction. And, as always, stick to your risk and your plan.
We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
Gchf could be looking at some more downside if...if the break of 1.10 is there for real, more downside will be coming in i believe.
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USDCHF: Breakout Trade For Next Week Explained 🇺🇸🇨🇭
USDCHF violated a key horizontal support.
After a breakout, the price started to consolidate
within a narrow horizontal range on a 4H time frame.
Its support breakout - 4h candle close below 0.8852 will
give you a strong confirmation to short.
A bearish continuation will be anticipated at least to 0.881 level then.
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NZDCHF potential expansionAfter price had been moving up with decent momentum, it began to retrace back down in a form of a descending channel, which is a form of internal liquidity. Price held this formation all the way down till it tapped a long term demand zone, taking out liquidity below the established channel in the process. It preceded to break an internal structure strong high, which was a sign that price could now be ready change direction and begin with its expansion to the upside. It eventually took out liquidity at the top of the channel as well where after it began to retrace back into a demand zone formed by this internal directional shift.This demand zone was respected as well, and a directional shift on even lower timeframe occurred. This now gives us the opportunity to jump in on the expansion, our target being the latest internal high as it is weak and awaits to be taken out.
USDCHF to break to the upside?USDCHF - 24h expiry
Bullish divergence can be seen on the daily (the chart makes a lower low while the oscillator makes a higher low), often a signal of exhausted bearish momentum, or at least a correction higher.
Posted a Double Bottom formation.
Price action has posted a Doji candle and confirms a possible stall in the recent move.
Price action looks to be forming a bottom.
A higher correction is expected.
The bias is to break to the upside.
We look to Buy a break of 0.8905 (stop at 0.8877)
Our profit targets will be 0.8975 and 0.8995
Resistance: 0.8903 / 0.8950 / 0.8970
Support: 0.8875 / 0.8854 / 0.8830
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EUR/CHF ready to roll (over)?EUR/CHF posted a decent rally from its October low, yet we're yet to see a meaningful pullback. But one may be near.
A 2-bar bearish reversal has formed at a resistance zone and the 200-day EMA. Tuesday's high is also a lower high in relation to the September high.
From here we're looking for some bearish mean reversion towards the monthly pivot.
What makes us unsure of whether it's a to revert to the dominant, bearish trend is the depth of the bounce into resistance. But for now, the path of least resistance could be lower over the near-term.
USD/CHF Short IdeaWe have a corrective movement to the upside that's exactly what I like to see because that
tells me that uh it's not really an uptrend it's going to be very short-lived and that's exactly what happened here so after after price took liquidity from these highs right here
,continued trickling up a little bit higher but then very abruptly dumped to the downside right now. Now when that happens it typically leaves behind a gap or what's known as imbalance or a fair value Gap this is the main Confluence that I use to trade so as soon as I see that big displacement here with imbalance and a break of structure to the downside.
Right these were the lows previously and it broke through all of these lows down here this one bearish impulsive move broke through multiple structural points okay so pretty clear dire the market showed its intention in my opinion and that prompts me to look for
a selling opportunity. So what I do at
that point is I wait for the low to be solidified in a selling situation of course I wait for the low to be solidified um and to do that I need to see price retracing back to the up sideas soon as we're we start retracing back to the upside that's when I can draw my FIB tool from swing High to swing low and identify the premium prices that I would like to sell at.
USDCHF - Wait For The Bears 🐻Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
on Weekly: Left Chart
USDCHF has been trading within a defined range and is presently showing resistance. Consequently, we will be focusing on identifying sell setups on lower timeframes.
on H1: Right Chart
For bearish momentum to prevail and trigger our sell setup, a break below the recently highlighted grayed low is necessary.
Meanwhile, USDCHF would be bullish and can still trade higher to test the weekly resistance again. In this case we will be looking for new sell setups.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
USD/CHF mixed move!Hello Traders
Our technical view has been shown in the chart.
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(Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
GBPCHF: Looking like a fake out and drop to meI see GBP as continuing to be weak, poor GDP data last week, hikes expected to be over, and expecting to see some CHF strength.
BoE interest rates this week, but with the market expecting hiking to be over, I don't think it matters what happens, sterling will fall.
We saw a move above my descending trendline, seeing this as possibly a fake out - we've broken back through my support, now resistance line which would suggest a fall back down to recent lows here.
BUY YTADE SETUP ON USDCHFHey Traders,
Xheck this analysis on USDCHF out.
The market has been ranging for a while now, i am anticipating for a clear break above or below the Mid-range flag pattern t, then i will plan accordingly for the continuation of the upside and then look for a buy trade entry.
Watch this out.
USDCHF: 2 Bullish Patterns 🇺🇸🇨🇭
After a test of an important intraday demand zone,
USDCHF broke a resistance line of an expanding wedge pattern on a 4H time frame.
A cup & handle pattern was formed then.
The neckline of the pattern was broken during the middle of NY session yesterday.
These 2 strong bullish confirmations make me think that the pair will go higher.
Next resistance: 0.9068
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USDCHF Analysis 10-11-23The USDCHF has been trading within a bullish channel in the short term.
Further upside could be anticipated if the DXY continues to strengthen, this looks limited with the upper bound of the channel close by.
As the price trades within the channel, look for the possibility of consolidation along the middle level or retest of the lower bound of the channel before trading higher again.
NZDCHF: Sell signal just emerged.NZDCHF is trading inside a multi year Channel Down, evident on the 1W technical outlook, which is neutral (RSI = 47.618, MACD = -0.007, ADX = 23.111), despite the pause to the downtrend since August 17th. The 1D MA200 holds as an unbroken Resistance since January 31st. Based on the 1D MACD, the current pattern mimics May - June 2023 and is on the 0.618 Fibonacci test. On June 15th that was a sell signal as the price made a top and got rejected back to the Support. Consequently we are turning short, targeting the S1 level (TP = 0.51850).
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