USDCHF ORDER BLOCK SPOTTEDI spotted the orderblock in USDCHF
An upside move is expected with a 30 pip SL
DYOR
Usdchfidea
USDCHF Daily: 05/03/2023: 🟢Buy opportunity
You can see all the details on the chart.
If we have a low time frame confirmation it can be a good opportunity.
Targets:
0.9392
0.9461
0.9530
💥Important note: It's not investment advice, so do your own research.💥
💡Wait for the update!
🗓️05/03/2023
🔎 DYOR
💌It is my honor to share your comments with me💌
USDCHFUSDCHF Long-Term Perspective macro chart on the left side
USDCHF can continue its current rejection on 0.94200 all the way down to 0.92000 psychological level which can create a long opportunity around the area on the lower time frame for another Bullrun to the main target which is around 0.95500
USDCHF lower time frame (minor chart on the right side)
For now, looking for short opportunities for the bearish continuation till the highlighted key area which overlaps with the area on the left-hand side chart and my Long-Term Perspective
USDCHF-SECOND BUY ENTRYDear Traders, Expecting a strong DXY bullish momentum as we will be having NFP next week, market will be really volatile and that is why USDCHF has huge potential that it continue the bullish trend and fills the liquidity voided area.
-Secondly, CHF as a currency in a matter of its strength is hammered due to recent DATA on CHF, loosing its grip against USD.
Good Luck Everyone! Show us support as always.
Always use proper risk management and under no circumstance, use bigger lot to get money quick, this is an business and not gabling.
usdchf-h1-sellIn a complete and newer view of the 1-hour timeframe, we see that we have two common ABCD patterns inside, whose completion in the ranges of 0.93779 and 0.94174 up to the resistance range forms a cumulative ceiling of resistance ranges and causes involvement The trend has become fluctuating and finally we see the creation of negative divergence in macd, with the break of the 0.93495 range, we can expect the next trend line with a gentler slope.
USDCHF - CURRENT SITUATION#USDCHF
- At this point, USDCHF is going down a bit. But with US PMI DATA and LABOR DATA being POSITIVE, USDCHF was BUY until last Friday. And FED UPDATES were very NEGATIVE. Hence, the CHF automatically rose against the USD in the previous days. Anyway, SWISS NATIONAL BANK has come out of NEGATIVE RATES. Anyway, RETAIL SALES POSITIVE came in US.
- Currently, the MARKET is becoming RISK ON and USD is a bit WEAK because of that. Anyway, the FED MEETING is scheduled to be held today. Yesterday US CPI data was NEGATIVE. That's why USD was WEAK yesterday.
- There is definitely a high possibility that USDCHF will go UP a little more and move to the 0.9462 LEVEL. US CPI DATA is scheduled to be released today. It will definitely make USD PAIRS VOLATILE. Anyway, USDCHF price can go down to 0.8899 level after FED EVENT. We focus on MARKET UPDATES and MARKET SENTIMENT. Follow the given MARKET STRUCTURE.
UsdChf LongI am looking to long UsdChf as it broke the trendline and retested the support. I will enter once it closes above the resistance. My setup will be invalid once it breaks the support below as it might continue to short.
USDCHF BuyDollar Currency Index seems more bullish against the CHF. I think the market will rise more and more. Better to do your own analysis first, if matched then put trade.
USDCHFUSDCHF
USDCHF Within channel - We are currently mid range
Highs: 0.93050 Break / close above expect 200 EMA to be target areas
Lows: 0.91460 Break below expect it to retest the lows .90800-500 areas
We do have important data next week US CPI and for today unemployment claims.
Trade your own plan!
Trade Journal
USDCHF - Short from bearish order block ✅Hello traders!
‼️ This is my perspective on USDCHF .
Here we are in a bearish market structure from daily perspective, so I am looking for shorts. I see price to continue the retracement and then to reject from bearish order block + institutional big figure 0.95000.
Like, comment and subscribe to be in touch with my content!
USDCHF long play*** All of my trades are 10R+, Thats why i never risk more than 0.5% of my account for a trade.. ***
London swept asian low here. Which makes this area POI for me (1)
This is the extreme for me. I am expecting Re-acc to hold (2)
usdchf buy signalusdchf is in a good condition point to buy for a very attractive RRR(risk reward ratio)
buy price, stoploss and take profit is mentioned on the chart.
#USDCHF-Is it the Beginning Of the Big Move??Happy Weekend Everyone, USDCHF everyone have been expecting a strong bullish momentum to continue and fills the LQ VOIDED area. However, USDCHF has not been easy to trade with specially in last four weeks, we have to take this into consideration, and enter with correct risk management!
Like and Follow!
USDCHFIn the daily time, following the price movement between the two ranges of 1.03198 and 0.87322 is the best choice.
We are witnessing two harmonic class A and B patterns. Now, by completing the class B pattern in the range of 0.91791, we can expect a positive reaction and rise. Considering the fluctuation range between 0.90957 and 0.94330, we can see erosion and increase movements up to the range It had 0.94330.
After its failure, which is very important, we have three targets in the ranges of 0.95508/0.96638/0.97835 according to the corrective Fibo and in the intersection with important ranges of pivot points. It is necessary to touch all of them. Does not exist .
A scenario with a weak probability to break the range of 0.90957 and decrease further to the range of A and C of the previous trend can be considered to form a positive divergence and then start to climb.
USDCHF BuyI think DXY (Dollar Currency Index) will fall as per the DXY analysis. If USDCHF fall to its support and give rejection from that level then buy it.
usdchfIn the previous analysis, the expectation of the pattern in the range of 0.92521 was completed and the expectation of a decrease to the range of 0.92075, and in case of breaking the next range of 0.91607, we had the support pattern before the static of the B range, which was easily touched and gave an excellent support reaction. created
We are witnessing the completion of an N pattern. We currently have the best conditions in the range between 0.92521 and 0.91607.
Two scenarios can be expected:
1. Maintaining the support in the range of 0.92230, which can make an increase up to the range of 0.92521, the static resistance range D of the previous pattern. which is now in the role of a resistance, it will continue and in case of failure, it will grow up to 0.92953.
2. It cannot break the resistance of 0.92521 to 0.92709 and activate the reduction and ranges of 0.92075 and then 0.91607.
USDCHFThis pair has formed an descending channel with a 3 touches which means its a valid channel
so now we're waiting for a candle to close above the third and last touch to confirm the change of direction
But personally I prefer to wait for a trendline retest after breakout to enter the trade with a better entry point
Follow me for updates and more trades
Please don't forget to give us your thoughts in the comment
USDCHFIn the previous two analyzes, we saw that all the desired targets were touched very accurately.
Now, in dealing with a PRZ in completing the ANTI CRAB pattern and forming a negative divergence and reacting to the range of 0.92521, you can use the ranges of the previous decreasing wave. A very important range of static resistance is pattern B and between the above 2 areas.
USDCHF - Bearish price action ✅Hello traders!
‼️ This is my perspective on USDCHF.
After the change of character I started to look for short positions. I expect bearish price action from here as price rejected from bearish order block. My target is price to fill the imbalance lower.
‼️Attention!!! Due to the fact that we have news on USD & CHF upcoming week, the analysis can be invalidated.
Like, comment and subscribe to be in touch with my content!
usd/chfusdchf my strategy is very different from others - trading reverse with a confirmation - so this trade is all above trading reverse lets see how it goes
USDCHF top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
USDCHFThis pair is trading in an descending channel on H4 timeframe and we went on a lower timeframe as M15 we saw that he formed a valid trendline and he broke it and now he tested the zone so
i'm getting into a buy position with 20 pips SL and 75 pips TP
Good luck
#USDCHFCurrently, the best strategy is in the above wide range.
In dealing with the resistance zone in the ceiling and creating a negative divergence of the two-peak bit, it is expected that by maintaining the support ranges of 0.92856 and 0.92709, it will decrease to the ranges of 0.92374 and 0.92245, which is based on the Fibo projection of 100 and 127, and in If they fail, we have an important pivot point area in the range of 0.92142 and the last stage can be expected in the range of 0.92075. The last 3 targets are inside the red box and there is already a fluctuating area where there is a possibility of conflict in this range.
It is not necessary to touch all the targets.
