USDCHF - TIME TO MAKE MILLIONSTeam, we been waiting over a week by now
Last time we kill the market well
I only trade when i see opportunity, otherwise I do not trade
Most of my trade are 95% winning ratio and accuracy.
I hope you enjoy the ride for USDCHF
Dont forget when it hit above 0.82000 zone, take 50% and the rest is above 0.8215-8230
SEAT BELL UP AND ENJOY THE RIDE.
Usdchfanalysis
USDCHF LONG FORECAST Q2 W24 D11 Y25👀 USDCHF LONG FORECAST Q2 W24 D11 Y25
🔥HOT PICK ALERT 🔥
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside intraday confirmation & breaks of structure.
Let’s see what price action is telling us today! 🔥
💡Here are some trade confluences📝
✅Weekly order block rejection
✅Daily order block rejection
✅15’ order block
✅Intraday bullish breaks of structure
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
USDCHF LONG FORECAST Q2 W24 D10 Y25👀 USDCHF LONG FORECAST Q2 W24 D10 Y25
🔥HOT PICK ALERT 🔥
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside intraday confirmation & breaks of structure.
Let’s see what price action is telling us today! 🔥
💡Here are some trade confluences📝
✅Weekly order block rejection
✅Daily order block rejection
✅15’ order block
✅Intraday bullish breaks of structure
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
USDCHF Primed for Monster Move to 0.92? Here's Why!In today’s video, I break down a potentially strong bullish opportunity on USDCHF and why, with the right entry signal, we might see a solid push up towards 0.88 and eventually 0.92 in the weeks and months ahead.
First off, let's check the monthly chart. In April, price finally broke and closed below the major 0.84 support, a level that held firm since 2011. Below, I've marked the massive buy zone created around the 2011 lows—interestingly, depending on your broker, you’ll notice this zone was tested during the dramatic Swiss franc unpegging event back in 2015 as well.
But here's why I don’t think we’re headed down to retest that monthly zone anytime soon. Zooming into the weekly charts, we clearly see a key weekly buy zone. This was actually the origin point for the massive move up from the 2011 lows to 0.95. This exact weekly level is already proving its significance again, given the strong buying reaction we saw here in May.
Now, zooming further into the daily charts, we had a nice bounce at that weekly buy zone, pushing price back up to retest the previous support at 0.84. If the market truly wanted lower prices, we would've seen a sharp sell-off from there. Instead, price has slowly been grinding lower, forming a clear W double-bottom pattern—a powerful reversal signal.
This all points to higher prices ahead, especially considering USDCHF currently offers one of the most attractive swap carry opportunities due to the interest rate differentials and the SNB’s hints about possibly returning to negative rates to weaken the franc.
Here's my game plan:
Wait patiently for the next bullish daily candle with a clear close above 0.83.
My first target will be the 0.88 area (previous strong resistance and weekly sell zone).
The longer-term target will be around the 0.92 resistance zone.
My stop loss will be placed comfortably below 0.80. Should we spike lower to that level, I'll remain alert for another high-probability bullish entry signal.
Let me know your thoughts below!
Market Analysis: USD/CHF Targets Upside BreakMarket Analysis: USD/CHF Targets Upside Break
USD/CHF is rising and might aim for a move towards the 0.8250 resistance.
Important Takeaways for USD/CHF Analysis Today
- USD/CHF is showing positive signs above the 0.8200 resistance zone.
- There was a break above a connecting bearish trend line with resistance at 0.8180 on the hourly chart at FXOpen.
USD/CHF Technical Analysis
On the hourly chart of USD/CHF at FXOpen, the pair declined heavily below the 0.8250 level before the bulls appeared. The US Dollar tested 0.8160 and recently started a fresh increase against the Swiss Franc.
The pair climbed above the 0.8200 resistance zone. There was a break above the 23.6% Fib retracement level of the downward move from the 0.8337 swing high to the 0.8157 low. Besides, there was a break above a connecting bearish trend line with resistance at 0.8180.
The bulls are now facing resistance near the 50% Fib retracement level of the downward move from the 0.8337 swing high to the 0.8157 low at 0.8250. The next major resistance is 0.8295.
The main resistance is near 0.8335. If there is a clear break above 0.8335 and the RSI remains above 50, the pair could start another increase. In the stated case, it could test 0.8420.
If there is another decline, the pair might test the 0.8200 support. The first major support on the USD/CHF chart is near the 0.8160 zone. A downside break below 0.8160 might spark bearish moves. The next major support is near the 0.8120 pivot level. Any more losses may possibly open the doors for a move towards the 0.8050 level in the near term.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
USD/CHF Short Trade Idea - UpdatedPrice capped beneath 100-day EMA; risk aversion + SNB rhetoric keep CHF firm; bearish momentum intact below 0.8200.
USD weakness persists triggered by fresh US tariff threats,
a deepening US-China trade rift, and US fiscal instability underpin
CHF demand.
Technically, strong bearish momentum remains below 0.8300.
Current trading around 0.8200 confirms downside bias.
USD/CHF Short Trade IdeaUSD/CHF Short Trade Idea
Renewed USD weakness triggered by fresh US tariff threats, a deepening US-China trade rift, and US fiscal instability underpin CHF demand. Technically, strong bearish momentum remains below 0.8300. Current trading around 0.8180 confirms downside bias.
USD/CHF (Short):
With the USD under persistent pressure from tariff-related uncertainties and deteriorating US-China relations, safe-haven demand for CHF remains elevated. Technical analysis confirms a bearish bias below key resistance at 0.8300. Selling rallies towards 0.8210–0.8240 provides an attractive risk-reward profile targeting recent lows at 0.8100, and potentially extending to the year-to-date trough around 0.8035.
USDCHF - LET MAKE ANOTHER MILLIONS TONIGHTTeam,
Today GOLD was perfectly hit target
we short DOW/US30 earlier both target hit
NAS 1st target hit
DAX/GER another 2 target hit on short..
almost a perfect day 4/4 wins
Lets look at USDCHF right now, buy slowly, do not be aggressive..
WILL DOUBLE up at the price range given in the chart.
Hold this till tomorrow OR next week, will definitely reward ourselves
US Federal Court Rules Trump Tariffs UnconstitutionalUS Federal Court Rules Trump Tariffs Unconstitutional
According to media reports, the US Court of International Trade has:
- declared the tariffs imposed by President Donald Trump illegal;
- ruled that the President exceeded his authority;
- blocked the tariffs, emphasising that under the US Constitution, only Congress has the power to impose tariffs.
The decision was made unanimously by a panel of three judges. Financial markets reacted with:
- a rise in US stock indices;
- strengthening of the US dollar — most notably seen today on the USD/CHF chart, as demand for so-called safe-haven assets declined in light of the tariff reversal.
Technical Analysis of the USD/CHF Chart
The bullish momentum has broken upward through:
- a local downward trendline (shown in red);
- resistance at the 0.8300 level, near the May 22 high.
Additionally:
- the RSI indicator on the 4-hour chart has moved upwards to the overbought territory;
- the area highlighted with a purple rectangle resembles a bullish Fair Value Gap.
Could this upward momentum lead to a sustained uptrend? There is reason for doubt.
Consider the steep decline in USD/CHF in early April (driven mainly by the introduction of Trump's tariffs) and the relatively small size of today's bullish candle compared to that prior drop.
Price action seems to suggest that market participants are skeptical about any lasting change in the situation. The Trump administration has already filed an appeal, and it’s possible the White House could succeed in defending its position.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
HOT PICK ALERT - HUGE RR ! USDCHF LONG FORECAST Q2 W22 D28 Y25👀 USDCHF LONG FORECAST Q2 W22 D28 Y25
🔥HOT PICK ALERT - HUGE RR ! 🔥
WHAT IF THE 4h 50EMA HOLD NORTH - BULL RUN MOON LONG !
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside intraday confirmation & breaks of structure.
Let’s see what price action is telling us today! 🔥
💡Here are some trade confluences📝
✅Weekly order block rejection
✅Daily order block rejection
✅15’ order block
✅Intraday bullish breaks of structure
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
USDCHF LONG FORECAST Q2 W22 D27 Y25👀 USDCHF LONG FORECAST Q2 W22 D27 Y25
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside intraday confirmation & breaks of structure.
Let’s see what price action is telling us today! 🔥
💡Here are some trade confluences📝
✅Weekly order block rejection
✅Daily order block rejection
✅15’ order block
✅Intraday bullish breaks of structure
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside intraday confirmation & breaks of structure.
Let’s see what price action is telling us today! 🔥
💡Here are some trade confluences📝
✅Weekly order block rejection
✅Daily order block rejection
✅15’ order block
✅Intraday bullish breaks of structure
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
USDCHF LONG FORECAST Q2 W22 D26 Y15👀 USDCHF LONG FORECAST Q2 W22 D26 Y25
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside intraday confirmation & breaks of structure.
Let’s see what price action is telling us today! 🔥
💡Here are some trade confluences📝
✅Weekly order block rejection
✅Daily order block rejection
✅15’ order block
✅Intraday bullish breaks of structure
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
USD/CHF "SWISSY" Forex Bank Bullish Heist (Swing Trade Plan)🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟
Dear Money Makers & Robbers, 🤑 💰💸✈️
Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the USD/CHF "SWISSY" Forex Market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is to escape near the high-risk ATR Line Level. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. 🏆💸"Take profit and treat yourself, traders. You deserve it!💪🏆🎉
Entry 📈 : "The heist is on! Wait for the MA breakout (0.83300) then make your move - Bullish profits await!"
however I advise to Place Buy stop orders above the Moving average (or) Place buy limit orders within a 15 or 30 minute timeframe most recent or swing, low or high level for Pullback entries.
📌I strongly advise you to set an "alert (Alarm)" on your chart so you can see when the breakout entry occurs.
Stop Loss 🛑: "🔊 Yo, listen up! 🗣️ If you're lookin' to get in on a buy stop order, don't even think about settin' that stop loss till after the breakout 🚀. You feel me? Now, if you're smart, you'll place that stop loss where I told you to 📍, but if you're a rebel, you can put it wherever you like 🤪 - just don't say I didn't warn you ⚠️. You're playin' with fire 🔥, and it's your risk, not mine 👊."
📍 Thief SL placed at the recent/swing low level Using the 2H timeframe (0.82000) Day/Swing trade basis.
📍 SL is based on your risk of the trade, lot size and how many multiple orders you have to take.
🏴☠️Target 🎯: 0.85300 (or) Escape Before the Target.
🧲Scalpers, take note 👀 : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.
💰💵💸USD/CHF "SWISSY" Forex Bank Heist (Swing Trade Plan) is currently experiencing a neutral trend there is high chance for bullishness,., driven by several key factors. .☝☝☝
📰🗞️Get & Read the Fundamental, Macro, COT Report, Inventory and Storage Analysis, Seasonal Factors, Sentimental Outlook, Intermarket Analysis, Future trend targets.. go ahead to check 👉👉👉🔗🔗🌎🌏🗺
⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏
As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions,
we recommend the following:
Avoid taking new trades during news releases
Use trailing stop-loss orders to protect your running positions and lock in profits
💖Supporting our robbery plan 💥Hit the Boost Button💥 will enable us to effortlessly make and steal money 💰💵. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀
I'll see you soon with another heist plan, so stay tuned 🤑🐱👤🤗🤩
USD/CHF "SWISSIE" Forex Bank Heist (Day Trade Plan)🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟
Dear Money Makers & Robbers, 🤑 💰💸✈️
Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the USD/CHF "SWISSIE" Forex Bank Heist. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is to escape near the high-risk Yellow MA Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. 🏆💸"Take profit and treat yourself, traders. You deserve it!💪🏆🎉
Entry 📈 : "The heist is on! Wait for the Crossing previous high (0.83300) then make your move - Bullish profits await!"
however I advise to Place Buy stop orders above the Moving average (or) Place buy limit orders within a 15 or 30 minute timeframe most recent or swing, low or high level for Pullback entries.
📌I strongly advise you to set an "alert (Alarm)" on your chart so you can see when the breakout entry occurs.
Stop Loss 🛑: "🔊 Yo, listen up! 🗣️ If you're lookin' to get in on a buy stop order, don't even think about settin' that stop loss till after the breakout 🚀. You feel me? Now, if you're smart, you'll place that stop loss where I told you to 📍, but if you're a rebel, you can put it wherever you like 🤪 - just don't say I didn't warn you ⚠️. You're playin' with fire 🔥, and it's your risk, not mine 👊."
📍 Thief SL placed at the nearest/swing low level Using the 30mins timeframe (0.82200) Day trade basis.
📍 SL is based on your risk of the trade, lot size and how many multiple orders you have to take.
🏴☠️Target 🎯: 0.84600
🧲Scalpers, take note 👀 : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.
💰💵💸USD/CHF "SWISSIE" Forex Bank Heist (Day Trade Plan) is currently experiencing a bullishness,., driven by several key factors. .☝☝☝
📰🗞️Get & Read the Fundamental, Macro Economics, COT Report, Quantitative Analysis, Sentimental Outlook, Intermarket Analysis, Future trend targets... go ahead to check 👉👉👉🔗🔗🔗
⚠️Trading Alert : News Releases and Position Management 📰🗞️🚫🚏
As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions,
we recommend the following:
Avoid taking new trades during news releases
Use trailing stop-loss orders to protect your running positions and lock in profits
💖Supporting our robbery plan 💥Hit the Boost Button💥 will enable us to effortlessly make and steal money 💰💵. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀
I'll see you soon with another heist plan, so stay tuned 🤑🐱👤🤗🤩
USDCHF - we are back in businessTeam, yesterday we went long USDCHF and our target hit.
The market dropped because yesterday is option expired
We are now going LONG with the target as per the instruction range.
Remember to take 50-70% volume at the first target and bring STOP LOSS to BE
We must be disciplined in our trade to be successful winners.
USDCHF - it has been a while. Team, as mentioned, I do not trade forex much, but when I do, we must kill them. In other words, we must focus on a high chance of winning ratio before we trade.
We are back in business again.it has been a while; please ensure we are within target ranges and take profit 40%-70% at the first target and bring stop loss to BE; the rest are the second target if you wish
“Can You Snatch Profits from USD/CHF’s Wild Swings?”🔥 Swissy Snatch Strategy: USD/CHF Stealth Trade Plan 🔥
👋 Greetings, Profit Pirates & Chart Ninjas! 🕵️♂️💸
Welcome to the Swissy Snatch Strategy—a cunning, calculated raid on the USD/CHF market. This plan fuses razor-sharp technicals with real-time fundamentals to snatch profits from Swissy’s wild swings.
Let’s move like shadows, strike fast, and vanish with the gains! 🌑📈
📜 The Swissy Snatch Blueprint
Entry Triggers 🔑:
🔼 Bullish Ambush: Enter long on a breakout above ~0.86500 (key resistance/EMA level), signaling a potential rally.
🔼 Pullback Ambush: Buy at ~0.85800 (Institutional Trap zone for a dip-buy).
💡 Pro Tip: Set price alerts at these levels to trade without staring at charts! 🔔
Stop Loss (SL) 🛡️:
🟢 Bullish Trade: Place SL below the recent 4H swing low (~0.85300 for breakout trades) to cushion against wicks.
📉 Stay Flexible: Adjust SL based on risk tolerance, lot size, and volatility (ATR ~60 pips daily). This is your safety net!
Take Profit (TP) 💰:
🚀 Bullish Raiders: Target ~0.86900 (Fibonacci 61.8% retracement from 0.9000–0.8200) or exit on fading volume.
🚪 Escape Tactic: Watch RSI for overbought (>70) signals to dodge reversals. Consider partial profits at ~0.86000 (1:1 risk-reward).
🌐 Why Trade USD/CHF Now?
USD/CHF is a volatility goldmine, driven by:
💵 USD Strength: Hawkish Fed signals (e.g., Powell’s May 2025 comments on sustained 4% rates) and robust Q1 2025 GDP (2.8% annualized) fuel USD bullishness, pushing USD/CHF higher.
🇨🇭 CHF Weakness: Swiss National Bank (SNB) holds rates steady at 1.25% (Q4 2024 decision), with low safe-haven demand for CHF due to easing geopolitical tensions (e.g., US-China trade talk progress).
📈 Yield Differentials: US 10-year Treasury yields at 4.2% (May 19, 2025) attract capital to USD, supporting USD/CHF uptrends.
📊 Technical Edge: RSI (14-day) at 52 signals neutral momentum with room for a bullish push. Fibonacci retracement levels highlight resistance at 0.86900 and support at 0.85500.
🎢 Volatility: USD/CHF’s daily ranges of 0.8–1.2% (80–120 pips) offer quick profit potential for agile traders.
Current price (May 19, 2025): ~0.8620, testing resistance at 0.86500.
📊 Real-Time Sentiment Snapshot (May 19, 2025)
Retail Traders:
📈 Bullish: 40% 🌟 (Betting on USD strength).
📉 Bearish: 45% ⚡ (Cautious on CHF safe-haven spikes).
⚖️ Neutral: 15% 🧭 (Awaiting US data clarity).
Institutional Traders:
🏦 Bullish: 60% 🏦 (Favoring USD on yield spreads).
📉 Bearish: 30% 📉 (Hedging for CHF strength).
⚖️ Neutral: 10% ⚖️ (Monitoring Fed/SNB cues).
⚠️ Key Risks:
US CPI: A hotter-than-expected print could spike USD/CHF to 0.8700. A miss may test 0.85500.
SNB: Dovish SNB comments could weaken CHF further, boosting your bullish setup.
Geopolitics: Sudden US-China trade escalations may strengthen CHF, invalidating longs.
Technical Validation (May 19, 2025)
Price Action: USD/CHF at ~0.8620, eyeing resistance at 0.86500–0.8700, with support at 0.85500–0.85800 (4H chart).
EMA: 50-EMA (~0.8600) acts as dynamic support. A breakout above 0.86500 confirms bullish momentum.
Fibonacci: From March 2025 high (0.9000) to April low (0.8200), 61.8% retracement (~0.8680) matches your TP of 0.86900.
RSI (14-day): At 52, room for upside if US data supports USD.
Volume: Rising on recent upticks, supporting breakout potential.
ATR (14-day): 60 pips, guiding SL (50–60 pips) and TP (~100–120 pips).
Strategy Enhancements
To make the Swissy Snatch even deadlier:
Refined Entries: Confirm 0.86500 breakout with volume spike or 0.85800 pullback with RSI >40.
Timeframe Clarity: Use 1H or 4H for entries, 4H for swing lows (SL).
Bearish Contingency: Short below 0.85500 (support break) if CPI disappoints, targeting 0.85000.
ATR Scaling: Adjust SL/TP to ATR (e.g., SL at 1x ATR, TP at 2x ATR) for volatility-adapted trades.
Chart Visuals: For TradingView, annotate EMA, Fib levels, and RSI to boost engagement.
Join the Swissy Snatch Squad!
👉 Smash that Boost button to make this strategy a TradingView legend! 🚀
Every like and share fuels more high-octane trade plans.
Let’s conquer USD/CHF together! 🤜🤛
Keep charts locked, alerts primed, and trading spirit electric.
See you in the profit zone, ninjas! 🏴☠️📈
USDCHF ANALYSISPrice retested weekly support and turned it into resistance. On the daily tf, price has formed HL& HH, so it could push up towards the daily resistance near 0.86000. Price is still overall bearish so be mindful when trading the counter trend. The h4 is on a bearish counter trend so I'd wait to see if price breaks h4 support for sells or break the counter trend line and retest it for buys.
DON'T DISS USDCHF, WE ARE GOING LONG!USDCHF FORECAST Q2 W21 Y25 DON'T DISS USDCHF, WE ARE GOING LONG!USDCHF FORECAST Q2 W21 Y25
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today!
💡Here are some trade confluences📝
✅Weekly order block rejection
✅Daily order block rejection
✅15’ order block
✅Intraday bullish breaks of structure
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
USDCHF looks ready to resume the downtrend .the week of 19 May The area between 0.8434 and 0.8330 has been a strong support all year but got broken to the downside on 10 April. Since then, this pair gave several day trades as it pulled back to the zone (see my previous posts). As my daily chart shows, the recent retracement helped price to catch up to the 50ema and is now nicely below it.
I will be monitoring price action also on H4 to confirm if my analysis is correct and act if appropriate. We could be looking at a trade with +350 pips potential in uncertain times (due to unconventional Trumpeconomics) so I would be prepared for large swings and the need to hold the trade for extended time periods.
This is not a trade recommendation; it’s merely my own analysis. Trading carries a high level of risk so carefully managing your capital and risk is important. If you like my idea, please give a “boost” and follow me to get even more.
It’s not whether you are right or wrong, but how much money you make when you are right and how much you lose when you are wrong – George Soros