USDCHF Buyers in Control! Orderblock Setup {21/08/2023}Educational Analysis says USDCHF trade set up according to my technical.
This is not an entry signal. I have no concerns with your profit and loss from this analysis.
Why this setup?
Because USDCHF break downward facing top trendline in a 4-hour time frame which was respected by sellers for a very long time.
The market is bearish but due to changes in structure and character market is riding a bull run by buyers.
The parallel channel shows there has been liquidity generated by the stop loss of retail traders. and Plus there double-bottom liquidity has been generated to doom retail traders.
The market will come down to collect it and maybe we see a reversal after that.
The Market is currently reaching towards the Latest Short side of Orderblock to Move down and then maybe a reversal may happen.
The black line is the Order block
The RED line is high and low at the current price.
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS,
Happy trading, FX Dollars.
Usdchflong
USDCHF remains in a corrective channel.USDCHF - 24h expiry
Trading within a Corrective Channel formation.
A higher correction is expected.
Short term momentum is bearish.
Prices expected to stall near trend line support.
Trend line support is located at 0.8780.
We look to Buy at 0.8784 (stop at 0.8754)
Our profit targets will be 0.8854 and 0.8874
Resistance: 0.8840 / 0.8860 / 0.8876
Support: 0.8821 / 0.8800 / 0.8780
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
USDCHF - Long after filling the imbalance ✅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 long. I want price to continue the retracement to fill the imbalance lower and then to reject from institutional big figure 0.88000.
Fundamental analysis: Upcoming week on Friday will be released monthly CPI on CHF, as well NFP and Unemployment Rate on USD, one of the most important news. Pay attention to the results in order to validate the analysis.
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USDCHF downtrend incoming soonAs we are in choppy and consolidation market, expecting a move to arrive for the downside and target 0.8660. we are in a deep long term bearish trend which I expect to resume once we get out of consolidation phase. Expecting Price to Retest its resistance level around 0.8830 level once more before declining.
USDCHF remains in a slight uptrend.USDCHF - 24h expiry
Our short-term bias remains positive.
Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end.
50 4-hour EMA is at 0.8769.
The sequence for trading is higher highs and lows.
Remains bullish while above last week's low.
We look to Buy at 0.8771 (stop at 0.8739)
Our profit targets will be 0.8851 and 0.8871
Resistance: 0.8814 / 0.8828 / 0.8850
Support: 0.8790 / 0.8770 / 0.8750
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
USDCHF has turned positive.USDCHF - 24h expiry
Short-term bias has turned positive.
Price action has posted a Doji candle and signals a possible reversal of the recent trend.
A lower correction is expected.
We look to buy dips.
50 4-hour EMA is at 0.8677.
We look to Buy at 0.8673 (stop at 0.8637)
Our profit targets will be 0.8763 and 0.8773
Resistance: 0.8736 / 0.8750 / 0.8770
Support: 0.8700 / 0.8675 / 0.8660
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
USDCHF Long Term Buying Trading IdeaHello Traders
In This Chart USDCHF DAILY Forex Forecast By FOREX PLANET
today USDCHF analysis 👆
🟢This Chart includes_ (UDCHF market update)
🟢What is The Next Opportunity on USDCHF Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
7 Dimension Analysis for USDCHF 🕛 Overview
😇 7 Dimension Analysis
Time Frame: Daily
1️⃣ Swing Structure: Bearish
🟢 Structure Behavior: Breakout from Sideways (BoS)
🟢 Swing Move: Corrective
🟢 Inducement: Pullback, with liquidity swept by the last candle
🟢 Pullback Count: 2nd pullback, suitable for entry
Extreme Order Block remains unmitigated
Time Frame Confluence: Daily, Weekly, and Monthly
🟢 Internal Structure: Bullish Choch observed
🟢 Support Resistance, Supply Demand, Accumulation/Distribution, and Discounted Premier are all consistent. A Trendline breakout serves as the initial signal for entry or exit. A monthly support breakout led to price consolidation in a range, followed by a buildup post-break, which did not seem to sustain. Notable traps include a lack of follow-through after the breakout.
🟢 Chart Patterns:
A reversal pattern in the form of a Double Bottom has appeared with a neckline break.
🟢 Candle Patterns:
Relevance is observed at top/bottom breakouts and ongoing support/resistance areas. They are less relevant in sideways movements. The most recent 6 to 10 candles are crucial, and players in a climax act as traps. Candle size, color frequency, and bull power during consolidation are all important factors.
A record session count with 6 consecutive back-to-back candles occurred, along with a Change in Guard pattern with engulfing candles. Various momentum patterns, including strict engulfing, engulfpin, and fakeout FOMO, have formed in the same area. A blended combo of 2/3 candle classic hammer is evident, and a Tower Bottom is potentially forming, pending confirmation from today's breakout.
3️⃣ Volume:
Big volumes are observed at the beginning or end of moves, while volume remains stable during the move. The breakout had no significant volume, but a massive volume was added in the range, indicating a potential reversal.
4️⃣ Momentum RSI:
🟢 Zone: The RSI is currently in a sideways zone.
🟢 Range Shift: Bearish to Sideways
🟢 Divergence: A regular 5-candle bullish divergence from the bottom indicates added strength in momentum.
🟢 Oversold Rejections: Count of 1
5️⃣ Volatility Bollinger Bands:
🟢 Middle Band: Resistance, with doji rejection requiring close monitoring.
🟢 Walking on the Band: Just finished this move; price may undergo a correction or reversal.
🟢 W Pattern: Initial formation is complete, and price could move towards the corrective target.
6️⃣ Strength ADX:
Bears are currently in power, but the appearance of the first curve in the trendline suggests a potential change.
7️⃣ Sentiment ROC:
The rate of change indicates that CHF is stronger than USD, suggesting a potential correction rather than a reversal based on all studies.
✔️ Entry Time Frame: H1
✅ Entry TF Structure: Bullish Choch
☑️ Current Move: Impulsive with valid hourly high
✔ Support Resistance Base: Not specified in the analysis.
☑️ Candles Behavior:
After a Record Session Count, back-to-back bullish longwick candles suggest bullish momentum for correction.
☑️ Final Comments: Consider buying for correction target.
💡 Decision: Buy
🚀 Entry: 0.8736
✋ Stop Loss: 0.8542
🎯 Take Profit: 0.8899
😊 Risk to Reward Ratio: 1:2
🕛 Expected Duration: 5 Days
Summary:
The analysis indicates a bearish swing structure with an impulsive corrective move and potential for a bullish Choch. Various chart patterns and candlestick formations, along with volume and momentum factors, suggest the possibility of a correction. A professional trader may consider a buy entry with appropriate risk management in place. The expected duration for the trade is 5 days, with a risk-to-reward ratio of 1:2.
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USD/CHF bullish idea(+150 pip)Hello Traders
Our technical view has been shown in the chart.
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Team Fortuna
-RC
(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.)
USDCHF WEEKLY FORECAST - WB: 24/07/2023This is my analysis for the Pair USDCHF, week beginning 24/07/2023.
As shown by the change of character on the 4 hour chart, USDCHF is now ready to return to its original point from where it broke, I have drawn out a POI and I expect the price to keep falling and reacting off of it and going to the next significant point.
I would suggest to search for longs this coming week on the USDCHF especially where breaks towards the up occur.
NOTE: This is not financial advice, please do your own research and be aware that any risks are being taken solely by you, the individual.
USDCHF BEARISH Meets monthly Low and SupportTrend short
Correction
Bullish triangle confirmation signals further upside past 0.8900
USD/CHF picks up bids to prod the top line of a bullish chart formation.
Upbeat RSI, clear bounce off 0.8870 double-bottom keeps USD/CHF buyers hopeful.
Sellers need validation from 0.8880, buyers may aim for 0.8950 on confirming bullish triangle breakout.
However, the pair’s upside beyond 0.8950 may find it difficult amid the likely overbought RSI (14) line around then. Additionally challenging the USD/CHF bulls above 0.8950 is the monthly high of near 0.8995, quickly followed by the 0.9000 psychological magnet.
On the contrary, a one-week-old ascending trend line, close to 0.8880 at the latest, can act as short-term support in a case where the USD/CHF defies the latest triangle breakout by slipping back under 0.8915 level.
Even so, the stated triangle’s lower line of around 0.8865 can challenge the pair bears before directing them to the monthly low of 0.8820 and the 0.8800 round figure.
USDCHF - Wait for a retracement ✅Hello traders!
‼️ This is my perspective on USDCHF.
Technical analysis: Here we are in a strong bearish market structure, so I am looking for shorts. I wait price to make a retracement to fill one of the imbalance above and then to look for a short from that zone.
Fundamental analysis: Next week we have important news on USD, on Wednesday will be released Intereset Rate, followed by FOMC Press Conference. If the result is positive for USD it will support our analysis.
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USDCHF to correct to the upside?USDCHF - Intraday
Broken out of the channel formation to the upside.
Short term momentum is bullish.
A break of yesterdays high would confirm bullish momentum.
We are trading at oversold extremes.
Trades at the lowest level in 105-months.
We look to Buy a break of 0.8686 (stop at 0.8650)
Our profit targets will be 0.8776 and 0.8796
Resistance: 0.8684 / 0.8700 / 0.8720
Support: 0.8656 / 0.8626 / 0.8600
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.