usdchf short idea from1h POIHey Everyone, let me talk you through the charts, based on what I have seen price remained bullish throughout last with mainly due to DXY. Price have dropped in AB=CD pattern where we expect price to drop further after completely the last touch to 'POI' OR ' POINT OF INTEREST'. Once price drops as described over the chart, we would expect price to reverse at over 'Order Block'. Let's see how Dxy holds up.
Here what's you need to do:
-Only buys at the suggest area and 'DO NOT SELL AT POI'.
-Once enters use stop loss of 40-50 pips do not use more than that.
-Take profit after 100 pips.
So what do you think about USDCHF
Usdchfshort
USDCHF SHORThello everyone.as you see in 4hr a bearish candle closed under the last low and change the trend direction.so in smaller time frame we wait for reason to open short position.
on the way to target we should save our profit and keep watching the position.dont forget to trail your stoploss in 15 minute.good luck
scalping on usdchfthis is how I think the frank would behave. I believe I can set a short and long order and wait to see what will be happened
⚠️ Notice:
I will enter one third of my position on 70/30% of the box and the rest of it in the middle (50%) of the box. My TP would be R/R=3 and 5.
Please trade with your own money management methodology and be aware that trading has its own risks and rewards.
Good luck ❤️
USDCHF to stall at previous resistance?USDCHF - 24h expiry
Short term bias has turned negative.
Broken out of the channel formation to the downside.
Previous resistance located at 0.9060.
We look for a temporary move higher.
Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 0.9060, resulting in improved risk/reward.
We look to Sell at 0.9059 (stop at 0.9084)
Our profit targets will be 0.8999 and 0.8989
Resistance: 0.9045 / 0.9060 / 0.9075
Support: 0.9030 / 0.9015 / 0.9000
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 Daily AnalysisUF Daily broke below support and a potential resistance has formed. H4 Structure has just broken to become bearish. Daily Stochastics tipped downwards. If candles can close below orange zone, we are likely to head down and test the previous low 0.8829 in the coming days.
That being said, USDCHF currently lies in its 0.9000 significant liq zone where volatility could kick in to reverse back up.
Personally I'm not taking the sells unless :
1. H4 price close below 0.9000 area
2. Retrace up and show signs of weakness on H1-M15 to continue downwards.
3. Lookout for stoch alignment on H1/M45/M30
Will USDCHFs bearish momentum continue?USDCHF - 24h expiry
Broken out of the channel formation to the downside.
A break of the recent low at 0.9035 should result in a further move lower.
The bearish engulfing candle on the 4-hour chart is negative for sentiment.
We look for losses to be extended today.
The primary trend remains bearish.
We look to Sell a break of 0.9028 (stop at 0.9057)
Our profit targets will be 0.8972 and 0.8962
Resistance: 0.9100 / 0.9120 / 0.9140
Support: 0.9086 / 0.9063 / 0.9050
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 broke down from the bullish channel.USDCHF - 24h expiry
Broken out of the channel formation to the downside.
A break of the recent low at 0.9035 should result in a further move lower.
The bearish engulfing candle on the 4 hour chart is negative for sentiment.
We look for losses to be extended today.
The primary trend remains bearish.
We look to Sell a break of 0.9033 (stop at 0.9058)
Our profit targets will be 0.8973 and 0.8963
Resistance: 0.9066 / 0.9085 / 0.9100
Support: 0.9035 / 0.9020 / 0.9000
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 - 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 chance that USDCHF will go UP a bit more and move to the 0.9214 LEVEL. Anyway, the price of USDCHF can go down to 0.8600 LEVEL after the FED EVENT. We focus on MARKET UPDATES and MARKET SENTIMENT. Follow the given MARKET STRUCTURE.
Usdchf sellUsdchf on a intraday trade has a sell potential as we marked yesterday candle high low and then in H4 we marked a zone inside yesterday zone then we marked H1 resistance zone and on 15M we marked a zone where price stalled and showed rejection we waited on 5Min to break this zone and then we found a beautiful 5M bearish engulfing then waited for low to be broken and had a trade with almost 99 pips 1:7 R:R in first 3 seconds we did breakeven now waiting to hit my TP if it goes either way then we will buy after 0.90499 level
USDCHF H4 Ascending Channel ShortHi traders!
The current market conditions suggest a potential reversal in the USD/CHF exchange rate, pointing towards a local downward trend. we are adopting a cautious approach and anticipating a temporary retracement in price before initiating any trades. This strategic decision is in line with our analysis of a channel up pattern, which signals a favorable Short trading opportunity.
Have a great trading week ahead!
USDCHF - Still bullish ✅Hello traders!
‼️ This is my perspective on USDCHF.
Technical analysis: Here we are still in a bullish market structure from 4H timeframe perspective, so I am looking for longs from discount zone. I expect price to continue the retracement and then to reject from bullish order block.
Fundamental analysis: Next week on Friday we have news on USD, will be released monthly NFP and Unemployment Rate. Pay attention to the results, as if they are positive, it will support our analysis.
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USDCHF (We have a strong resistant nearby)
View On USDCHF (22 May 2023)
UCHF is in
* Uptrend in short term (Intraweek)
* Neutral in Mid term (Intramonth)
* Downtrend in Long term (Last 3 months)
USDCHF is meeting some strong resistant near 0.91 and I do not think the price can go past it.
We shall see 0.88 later.
It is better to stay in the downside.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
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USDCHF - Long from bulish order block ✅Hello traders!
‼️ This is my perspective on USDCHF.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective after price changed the character, so I am looking for longs from discount zone. I expect price to continue the retracement to take liquidity below equal lows, to fill the imbalance and then to reject from bullish order block.
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