USDCHF possible short for 0.88000.8950-0.8995 strong bearish zone for selling which broke 0.8830 strong support level. suspect short from that zone again for target 0.8800. stop loss above 0.9000.
Usdchfshort
USDCHF has Potential for Further DownsideThe USDCHF currency pair exhibits a marked bearish trend over the long and medium terms. In the short term, a clear bearish price action has been observed since March 21, characterized by a series of lower highs and lower lows.
Analysis from the Elliott wave perspective suggests that the corrective wave 4 of the impulsive bearish move has been completed, and the pair has started moving downwards to complete wave 5. A reasonable price target of 0.8821 is anticipated if wave 5 is not truncated.
Classical analysis indicates that the price is currently trapped between a steep bearish trendline and a shallow bullish trendline. A support level established over the last 10 days is currently being upheld. It is anticipated that sellers will maintain their selling pressure, resulting in a break of the trendline to the downside. This notion is supported by the price's rejection at the 0.8953 level.
Considering both perspectives, my medium-term target for the USDCHF pair is estimated to be 0.8860 , while my ultimate target is 0.8821 .
USDCHF looking to go SHORTMy bias for USDCHF is to go short and target 0.8660 level. as we have taken out the buys tops at 0.8800 level with a shift in market structure for downside, so currently we are in a perfect zone to go short.
USDCHF Long Term SELLING 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
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.
USDCHF: descending channelThe USDCHF is moving within a descending trend channel, and the price has reached the upper part of this channel, which also acts as a strong resistance level. Therefore, further decrease is likely. The targets are the lower support levels and the lower part of the channel. It's recommended to observe how the price reacts to this level.
If you find it useful, like, follow, share!
Good trading!
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.
Like, comment and subscribe to be in touch with my content!
USDCHFConsidering the price approaching the upper level of the daily descending channel, which coincides with the 4-hour supply zone, as well as the close proximity of the price to the long-term daily demand area, as indicated on the chart, there is a higher probability of price decline.
If you decide to trade, wait for confirmation of a price drop in the channel's resistance level.
USDCHF - Short AnalysisAccording to chart analysis, we see a resistance level and dud to price action is in downward channel so I took a trade.
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.
USD CHF SHORT Risk 0.5%
TP1 = 1:2.5 RR
Disclaimer:
The contents in this Idea are intended for information purpose only and do not constitute investment recommendation or advice. Nor are they used to promote any specific products or services. They serve as an integral part of a case study to demonstrate fundamental concepts in risk management under given market scenarios. A full version of the disclaimer is available in our profile description.
USDCHF –waiting for resumption of the main trend 21 Aug, 2023Anyone looking at the daily chart would agree that the overall flow in this market is bearish. I am waiting for the current counter-trend move to get exhausted and evidence that the bearish move has commenced. Two possible locations of such reversal are the zone I have marked or the major s/r area around 0.900.
I will be monitoring price action on H4 and H1 time frames for some bearish evidence. The initial target is in the 0.8550 region. If, however, we see a bullish continuation move with momentum, my analysis would get negated.
Being prepared for the unexpected is a good policy in trading, so please use sound money and risk management and stay patient in all your trades. If you like my content, please give it a “thumbs up” and follow me to get even more.
What do you think about this trade idea? Please comment and share your thoughts!!
USDCHF SellMy idea for the USD/CHF pair is as follows: We can observe the formation of higher highs (HH) and higher lows (HL) . Currently, the price appears to be in a downtrend that retraced and absorbed an imbalance . This scenario could potentially lead to a continuation of the downtrend.
To calculate a 1% stop loss of your balance, you use a lot size calculator. RR: 1:1.49
USDCHF - Trend Analysis - Short BiasnessAccording to chart analysis, it is is a downtrend and DXY is at major resistance. Biasness is short.
USDCHF Local Short!USD-CHF has hit a resistance
Cluster of the falling and
Horizontal resistance lines
At around 0.88370 from where
We are seeing a bearish
Reaction so I think that
We will see a further
Local move down !
OANDA:USDCHF
USD CHF SHORTRisk 0.5%
TP1 = 1:2.4 RR
Disclaimer:
The contents in this Idea are intended for information purpose only and do not constitute investment recommendation or advice. Nor are they used to promote any specific products or services. They serve as an integral part of a case study to demonstrate fundamental concepts in risk management under given market scenarios. A full version of the disclaimer is available in our profile description.
USDCHF Sell SignalHello Traders,
I realize it has been some time since I last shared any signals on TradingView. However, today I have identified an appealing opportunity that I wish to bring to your attention.
Pair: USDCHF
Position: Sell
Entry Point: 0.8790
Take Profit: 0.8560
In my analysis, the 0.8790 level appears to be a solid entry point for a sell position on USDCHF. The most secure rate to set your take profit and close the sell order would be around 0.8560.
I hope that this signal can assist you in achieving a profitable trade.
As always, please remember to apply proper risk management and consult your financial advisor if necessary. Trading involves risks, and it's vital to trade responsibly.
Wishing you success,
FireXForex
USDCHF - Potential SellThere is a clear CHoCh at a significant 1D level.
We are waiting for the price to take out the liquidity areas and then return to the supply area for a sell.
USDCHF ShortDear Traders,
Based on WAVE Analysis we are still in wave 4 of downtrend. My expectation is at 0.8810 market should start the last drop and we can make the take profit at 0.8558.
USD CHF H4 SELL We are correcting the price and we expect to react to these two ranges to continue selling
USDCHF looking to go ShortToday is an important event CPI at 8:30am Newyork time, Expecting a first move to be a manipulation one and after that price should drop down towards the target level.
As per experience we should always wait for the event to get over and then should take position in a respective trade setup.
USD CHF SHORT #172
Risk 0.5%
TP1 = 1:2 RR
Disclaimer:
The contents in this Idea are intended for information purpose only and do not constitute investment recommendation or advice. Nor are they used to promote any specific products or services. They serve as an integral part of a case study to demonstrate fundamental concepts in risk management under given market scenarios. A full version of the disclaimer is available in our profile description.
USDCHF - Potential SellUSDCHF is within a 4H Point of interest.
The 1H timeframe is showing a clear CHoCh, followed by break of structure. The current POI is at 79% fib retracement level.
