Get started

Usdchfshort

USDCHF: BEARISH OUTLOOKThe USDCHF has experienced a substantial increase in price from 0.90603 on February 1st to 0.94284 on February 27th, with this level being retested on March 1st, indicating a month-long upward trend. On February 27th, a large bearish harmonic pattern was observed across the M30, H1, and H4 time frames, leading to a sharp decline in price towards a resistance zone, which later turned into a support zone (0.93604 - 0.93513) after being tested three times and rejecting price to the upside. Presently, the price has returned to this support zone (0.93604 - 0.93513), resulting in a strong buying reaction. If this support zone is held firmly by buyers, a potential price rally towards the resistance zone (0.94109 - 0.94205) may occur. However, such a rally would likely be short-lived, as it is expected that the price will experience a significant drop in the coming days in order to respect the bearish harmonic pattern. Therefore, here are my 2 intraday perspectives: 1. A minor increase towards the resistance zone may occur, while the broader outlook suggests that a bearish sentiment may have started. 2. From an M15 perspective, there appears to be a head-and-shoulders pattern in the process of forming. The left shoulder and head have already been established, while the right shoulder is currently being formed, thereby confirming the likelihood of a brief intra-day rise before a significant decline in price to 0.92882, the broken resistance region or deeper. However, if the pattern is not validated, it becomes null and void.
Short
by Samuel124
USDCHF to find resistance at previous support?USDCHF - Intraday - We look to Sell at 0.9348 (stop at 0.9375) Short term bias has turned negative. Our bespoke support of 0.9341 has been clearly broken. Previous support at 0.9340 now becomes resistance. 50 4hour EMA is at 0.9350. 20 4hour EMA is at 0.9349. Preferred trade is to sell into rallies. Our profit targets will be 0.9281 and 0.9271 Resistance: 0.9315 / 0.9340 / 0.9360 Support: 0.9295 / 0.9275 / 0.9260 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.
Short
by OANDA
SasanSeifi 💁‍♂️ USD/CHF 1H ⏭ 0.92500/0.92200 ? ❗❗HI TRADERS ✌ The Possible USDCHF scenarios are marked in the chart .We can expect that the price will be corrected to the range of 0.92500/0.92200. The possibility of a positive reaction from the range of 0.92500/0.92200 can be considered. Otherwise, if the low price stabilizes at the level of 0.92200, we may see further correction. We have to see how the price will react to the specified range of demand and orderblock The supply Zone is 0.93200/0.93500. If the price penetrates above the range of 0.93500, the desired scenario will be fielded. ❎ (DYOR)...⚠⚜ WHAT DO YOU THINK ABOUT THIS ANALYSIS? I will be glad to know your idea 🙂✌ IF you like my analysis please LIKE and comment 🙏✌
Short
by SasanSeifi
2
USDCHF - Long active ✅Hello traders! ‼️ This is my perspective of USDCHF . Here we are bullish from H4 timeframe perspective, so I am looking for longs. I expect bullish price action from here as price filled the imbalance and rejected from bullish order block + institutional big figure 0.93000. ‼️Attention!!! Due to the fact that we have news events on USD on Tuesday, Wednesday and Friday, the analysis can be invalidated. Like, comment and subscribe to be in touch with my content!
Long
by Snick3rSD
4
USDCHF to breakdown?USDCHF - Intraday Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. Short term momentum is bearish. There is no clear indication that the downward move is coming to an end. The primary trend remains bearish. 0.9341 has been pivotal. A break of the recent low at 0.9341 should result in a further move lower. We look to Sell a break of 0.9339 (stop at 0.9364) Our profit targets will be 0.9279 and 0.9269 Resistance: 0.9370 / 0.9387 / 0.9400 Support: 0.9341 / 0.9320 / 0.9290
Short
by OANDA
1
USDCHFUSDCHF has been examined in different dimensions: 1- Strong supply and demand levels that I identify with my own indicator and system. 2- The structure of recently formed waves 3- Current market momentum 4- The structure of classical and price patterns In this idea, I identified the direction of the market in different ways and in the second step, I analyzed the potential of continuation or reversal. Usually, paying attention to the trend and strength of the trend can greatly increase the accuracy of the analysis. In general, I tried to describe the continuation of the movement in the simplest possible way in the diagram. ⚠️ Disclaimer: This is a personal opinion and you are responsible for any trading decisions.
Short
by HamidRamezani1992
2
[TRADE UPDATE] Quick update on the progression of this idea from last week as expected early last week we got the sell off at the strong WEEKLY resistance area with price currently trekking towards the breakout area at 0.925 which is also a weekly DEMAND/BUY area. The current sell position is up around 100 pips I have closed 50% of the position and moved stop loss to 0.938 will hold remaining position to see if we get to the 0.925 expected level. At this point I will then look to buy this pair please refer to related post to understand the reasoning behind this setup
Short
by TheFxAce
2
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
by Roham_Trader
USDCHFUSDCHF has been examined in different dimensions: 1- Strong supply and demand levels that I identify with my own indicator and system. 2- The structure of recently formed waves 3- Current market momentum 4- The structure of classical and price patterns In this idea, I identified the direction of the market in different ways and in the second step, I analyzed the potential of continuation or reversal. Usually, paying attention to the trend and strength of the trend can greatly increase the accuracy of the analysis. In general, I tried to describe the continuation of the movement in the simplest possible way in the diagram. ⚠️ Disclaimer: This is a personal opinion and you are responsible for any trading decisions.
Short
by HamidRamezani1992
2
USDCHF Daily: 27/02/2023: Bear market? As you can see, the price had a bearish reaction after collecting liquidity above 0.9409. So we can expect the price to start to decrease from here or move upward till the supply zone and then fall. Personally, I wait for the price in the supply zone and find a low time frame confirmation and I will follow the price till the demand zone. 💡Wait for the update! 🗓️27/02/2023 🔎 DYOR 💌It is my honor to share your comments with me💌
Short
by VahidTradingCR
5
Short Term SELL On The Cards ?? We have 2 ideas in one post here both a BUY and short term SELL postion after weeks of being in the accumulation stage (green box)we finally got the break out higher this week with the biggest move happening yesterday after the PCE US data. What normally happens after an accumulation breakout is you will get a pull back towards a newly formed DEMAND/BUY zone or the high of the accumulation structure which I have marked with the green line where you have both a newly formed Daily DEMAND/BUY zone and a previous high so you should see a pull back to this area this will be an area where I will look to buy again to target the 0.96 area market with the RED BOX. So where is it good to SELL to benefit from this pull back ?? Where price now is a good area to look for a short term SELL as you can see marked with the arrows we have reached a strong WEEKLY resistance which has acted as both a support and resistance area previously and gets a reaction everytime price reaches here. Looking at the lower timeframes price is extremely over bought so I expect a sell off early next week from this area so will SELL on Monday when markets open. Sell entry will be 0.941 stop loss will be 0.954 take profit will be 0.927 Hope you enjoyed this post
Short
by TheFxAce
4
Yemi_Fx1 | Short for USDCHFFrom 4HTF perspective price has been moving in an ascending channel and currently it's approaching the upper dynamic trendline + area of value. If all criteria are met and the structure holds, then I'm looking forward for price to fall to the base of the channel. I'll be considering A Risk entry type at the top of the structure at an area of value. Reduced risk entry after the impulsive back down followed by a tight flag or break of the flag. Share your thoughts in the comments and show your support for the idea by liking it. Thank you for your help.
Short
by Yemi_Fx1