usdchf daily outlookit is going to complete a flag pattern after a clear upside move. so as the previous upside move, we can think that the next move could be upside after the valid breakout of this flag. I am not telling you guys to execute the market right now....wait for a valid breakout wait for better confirmation...then define your risk and then take the position.
note:- let's talk about the validity of a flag pattern. when you see the 4 touches on a flag pattern then it's going to be a valid pattern. another validity is a breakout. thank you
Usdchfanalysis
USDCHF
In the USD/CHF pair, a bearish trend seems to be emerging on the 4-hour timeframe, supported by the breakout below the double top neckline. Additionally, the correction of around 50% in the previous wave and the completion of the 4th Elliott wave further suggest downward pressure, potentially indicating a continuation towards the completion of the 5th Elliott wave. Traders might consider monitoring for further confirmation of this bearish sentiment through price action and key support/resistance levels.
USDCHF AnalysisHello traders I have conducted an analysis on USDCHF, as you can see the market has been on a down trend for the past few months and I think it will continue doing so as it showed huge rejection candle on the current zone so now this current zone will act as resistance as price showed before that this zone is valuable as it was acting as support in the past months. So now I will keep on looking for bearish trades until it reaches the last zone then I will look for buy opportunities. So what do you think traders on this one?
Yemi_Fx1 | Bearish Setup on USDCHFWe see that price has moved out of the ascending channel on Daily and 4HTF and currently it has formed a flag to commit to the downside.
If the third touch holds with a convinced signal.
Then I'll be taking a short on this Pair.
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USD CONTINUES TO WEAK AGAINST CHF. SHORT POSITION IS READY!The USDCHF price chart shows clear weakness with a distribution structure in the H4 time frame with control tilted towards the sellers.
Although the attempt to push the price down in the trading session on February 22, 2024 failed, it clearly demonstrated the strength of the sellers.
The price has successfully broken out of the lower boundary of the structure. At this time,
Trading with LONG positions is not recommended at this time. Wait for a retest of the lower boundary of the structure in the 0.8780 area to enter a SHORT position!
The potential price range that the market can move towards is at 0.8620. If the bearish scenario fails again, the market will once again find the price threshold of 0.8890.
USD/CHF 2 Entries +160 Pips 0 Drawdown , New Entry Valid !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
USDCHF Gave Yesterday +50 Pips 0 Drawdown , 2 New Entries Valid This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
DeGRAM | USDCHF channel breakoutUSDCHF is trading in the ascending channel, but the market reached 50% of the bearish move on the D chart.
The market is putting bearish pressure on the support level, and most likely it will break the support, creating the AB=CD pattern.
Price made two false breakouts of the resistance level at 0.886500.
We expect a breakout of the channel and a bearish move.
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💡 USDCHF: Forecast March 6USDCHF D1 decreased yesterday, with a narrower fluctuation range compared to the previous few D1 bars, showing cumulative price compression. With the current sideways state, yesterday's narrowing of fluctuations suggests the possibility of an explosion in price fluctuations for USDCHF in the near future.
The accumulation status of USDCHF H1 is in the form of a symmetrical triangle model - which can create price fluctuations when the model is broken. The main trend of USDCHF H1 today continues to be waiting to buy.
USD/CHF Rejected Hard , Good Place To Sell It Now ?This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Usdchf Confirm Analysis The USD/CHF pair struggles to gain ground near 0.8830 after retreating from nearly the 0.8900 mark during the early European trading hours on Monday. The downtick of the pair is backed by the weaker US Dollar (USD) and lower US Treasury bond yields. Market players await the Swiss February Consumer Price Index (CPI) for fresh impetus, which is expected to ease from 1.3% in January to 1.1% in February.
Buckle Up for a Potential USD/CHF Short with External Liquidity
For traders seeking a potential short opportunity, the USD/CHF pair presents itself as an interesting candidate, especially when considering the influence of external liquidity. Here's a breakdown of the factors at play:
1. External Liquidity Woes: Global central banks are tightening their monetary policies, draining excess liquidity from the financial system. This can strengthen the CHF, a safe-haven currency, as investors seek refuge during economic uncertainties.
2. USD Correction: The US dollar has enjoyed a strong run in recent times. However, a potential correction could be on the horizon, especially if economic data disappoints or the Fed's hawkish stance softens.
3. Technicals: The USD/CHF chart might be hinting at a potential reversal. Look for signs of weakness, such as bearish chart patterns or overbought conditions on technical indicators.
Remember: This is just a simplified overview, and conducting your own research is crucial before making any trading decisions. Consider factors like risk management, position sizing, and exit strategies to navigate the market effectively.
Stay tuned for further updates and analysis!
DeGRAM | USDCHF short from major resistance levelUSDCHF is trading in the ascending channel; it printed a AB=CD pattern and a butterfly pattern.
The market is showing that the bulls are running out of steam, creating a bearish harmonic pattern.
Confluence level: resistance and fibo extension level of 161.80% and equal measured move.
We expect a bearish move from the confluence level.
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USDCHF - Long from support zone ✅Hello traders!
‼️ This is my perspective on USDCHF.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for a long. I wait price to continue the retracement to fill the imbalance and then to reject from support zone for a potential long.
Fundamental analysis: Next week is NFP week, news with high impact on USD, so pay attention to the results on Friday to validate the analysis.
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SHORT USD/CHF from .8847I'm SHORT this pair from .8847.
USD/CHF has hit the channel shown. This is a recent area of resistance from 13/2/24.
Price has been overbought since yesterday and now it appears the BULLISH momentum of this pair is waning and the signs are that USD/CHF BEARS are jumping on board.
Although the Pivot Point SuperTrend remains BULLISH, the Andean Oscillator shows a rise in the red SELL line and the green BUY line is heading south and looks like it will cross the signal line soon.
Other confirmation of the BEARISH bias is the falling RSI and the MACD is crossing south whilst the signal bars are shortening.
This has to be considered a risk trade as we don't have every indicator confirming the BEARISH momentum but we are just under WR1 resistance having been above it a few hours ago and the other major consideration is US news at 15:00 being the Manufacturing PMI and Revised UoM Comsumer Sentiment.
Hopefully this trade will be in + numbers and we can get a tight STOP on before the release of the data which will no doubt move the market.
USD/CHF bulls eye move to 0.90The daily chart shows a nice bullish trend on the daily chart. A minor retracement has occurred at the cycle highs, although Thursday's bullish hammer found support at the 100-day EMA, 38.2% Fibonacci level and prior swing high.
RSI (2) is confirming the trend and RSI (14) is above 50 to show bullish momentum of the past three weeks.
Given the bullish trend structure and shallow retracement, the bias is for a bullish breakout and for prices to head towards the 0.9 handle, near a volume cluster from an older trend.
🚨USDCHF is Ready to fall🚨🏃♂️ USDCHF is moving in an Ascending Channel and is currently near the 🔴 Resistance zone(0.891 CHF-0.882 CHF )🔴 and 🟡 Potential Reversal Zone(PRZ) 🟡. It also managed to break the Uptrend line .
🔔I expect USDCHF to start to decline after entering the 🟡 Potential Reversal Zone(PRZ) 🟡 and at least break down to the 🟢 Support zone(0.874 CHF-0.871 CHF )🟢.
U.S.Dollar/Swiss Franc ( USDCHF ) 4-hour time frame⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
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USDCHF - Look for a long opportunity ✅Hello traders!
‼️ This is my perspective on USDCHF.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for a long. I wait price to make a retracement to fill the imbalance lower and then to react from support zone.
Fundamental news: Next week is full of news with impact on USD and CHF. On Tuesday we will see results monthly CPI on CHF and monthly and yearly CPI on USD. On Thursday we'll have Retail Sales on USD.
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Scalp-sell USDCHF then Buy at the OTEPure technical analysis
We think the picture speaks for itself.
Wait for USDCHF create Change of Character in the short red line, wait for the price to pullback to the red line area and set sell position to 0.5 - 0.618 fib zone. In this area, put buy limit order and set take profit at the previous high (fresh minor resistance).
Cancel setup in change of character doesn't happen.
#USDCHFIn the daily time, it is moving in a descending channel, which according to the previous analysis, I expected a drop to the range of 1.618, which has now corrected below this range, which is approximately 2.618 Fibo of the previous wave. Therefore, if I still expect this correction to continue and the current upward correction can strengthen this scenario, we still have to wait for a new floor of this currency pair. If it can conquer the range of 0.88 units and stabilize above it, the downward scenario can end and enter the return phase, which is currently awaiting correction for this currency pair according to the analysis.