USDCHF ProjectionThe price traded near the order block zone. Wait until the price is retested in the zone and close below. Initiate Short Postions after finding a bearish price action structure in the zone.
Usdchfshort
USDCHF Short IdeaMARKET PHASE
OANDA:USDCHF is in a long term downtrend (daily) with a short term corrective structure that has been taking place (4 hour).
AREA OF VALUE
Price continued to break new highs within this corrective structure. Eventually, price reached an area where sellers stepped in, resulting in a buildup of liquidity (buy stops, longs, short stop losses) above the corrective structure swing highs. Price violently moved up to trigger the buy stops (liquidity) to pair against the sell orders needed to take price down. Price has started it's initial move down but due to the velocity of the downward move, it's gapped some orders around 0.88378. Price is likely to retrace to this level before continuing downwards.
TRADE
I will be entering short on OANDA:USDCHF with the following parameters:
Sell Limit: 0.88378
Stop Loss: 0.88543
Take Profit: 0.88048
USDCHF Bearish OBWe have new Bearish OrderBlock on USDCHF H1 chart. Reaction on 0.8850 level was bearish, i'll try with low risk.. Risk reward 1/5
Sell USDCHF Channel BreakoutThe USD/CHF pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined bearish channel pattern. This technical setup suggests a shift in momentum towards the downside and a higher likelihood of further declines in the coming minutes or hours.
Key Points:
Sell Entry: Consider entering a short position around the current price of 0.8830, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels: Initial bearish targets lie at the previous support levels within the channel, now acting as potential resistance zones: 0.8798 and 0.8770. Further downside targets could be determined using other technical analysis methods like Fibonacci retracements or extensions.
Stop-Loss: To manage risk, place a stop-loss order above the broken support line of the channel, ideally around 0.8855. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.
Thank you
USDCHF Risky Short!USD-CHF is making a bullish
Rebound towards the horizontal
Resistance level of 0.88789
And after the retest I believe
We will see a bearish correction !
USDCHF - Long from bullish order block ✅Hello traders!
‼️ This is my perspective on USDCHF.
Technical analysis: Here we are in a bullish market structure from 1H timeframe perspective, so I am looking for a long. I wait price to continue the retracement to fill the imbalance and then to reject from bullish order block + institutional big figure 0.88000.
Fundamental news: Next week is full of news with high impact on USD and CHF, we will see results of Interest Rate in both countries.
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USDCHF Trade Idea 15mPrice is over-extended, Im short at the range down to this previous low as per the markups on the chart.
USDCHFThe price didn't breakout top of price chanell i think we will see down to TP1 and if breakout that in 4 hours will go down to TP2
USDCHFI am short USDCHF
3RR
We are in the zone. Looks good news was pushing to stop out all sellers.
We got new fuel to move down.
Let gooooo
usdchf daily outlookit is going to complete a flag pattern after a clear upside move. so as the previous upside move, we can think that the next move could be upside after the valid breakout of this flag. I am not telling you guys to execute the market right now....wait for a valid breakout wait for better confirmation...then define your risk and then take the position.
note:- let's talk about the validity of a flag pattern. when you see the 4 touches on a flag pattern then it's going to be a valid pattern. another validity is a breakout. thank you
USDCHF
In the USD/CHF pair, a bearish trend seems to be emerging on the 4-hour timeframe, supported by the breakout below the double top neckline. Additionally, the correction of around 50% in the previous wave and the completion of the 4th Elliott wave further suggest downward pressure, potentially indicating a continuation towards the completion of the 5th Elliott wave. Traders might consider monitoring for further confirmation of this bearish sentiment through price action and key support/resistance levels.
USDCHF Sell stop orderThe level for our sell stop order is at 0.8730. There was a strong uptrend on the USD/CHF H4 chart; however, the bullish trendline has now been broken, indicating a potential sell signal. The risk-reward ratio for this trade is 1:3.
USD CHF Shorts I am looking for shorts because of the weakness of the dollar, however I am mindful that there was a rejection and and a bullish close on the daily candle.
So there are two possibilities and the short entry may not set up.
In order for the short entry I would look for a rejection from the current area and a lower low close on the 4h to go back to the target area of 0.87283.
the other scenario would be a continuation from fridays daily close and a 4 h close above structure and yellow line and a long back to 0.88342
USD CONTINUES TO WEAK AGAINST CHF. SHORT POSITION IS READY!The USDCHF price chart shows clear weakness with a distribution structure in the H4 time frame with control tilted towards the sellers.
Although the attempt to push the price down in the trading session on February 22, 2024 failed, it clearly demonstrated the strength of the sellers.
The price has successfully broken out of the lower boundary of the structure. At this time,
Trading with LONG positions is not recommended at this time. Wait for a retest of the lower boundary of the structure in the 0.8780 area to enter a SHORT position!
The potential price range that the market can move towards is at 0.8620. If the bearish scenario fails again, the market will once again find the price threshold of 0.8890.
USD/CHF 2 Entries +160 Pips 0 Drawdown , New Entry Valid !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
USDCHF Gave Yesterday +50 Pips 0 Drawdown , 2 New Entries Valid This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
USD/CHF Rejected Hard , Good Place To Sell It Now ?This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Usdchf Confirm Analysis The USD/CHF pair struggles to gain ground near 0.8830 after retreating from nearly the 0.8900 mark during the early European trading hours on Monday. The downtick of the pair is backed by the weaker US Dollar (USD) and lower US Treasury bond yields. Market players await the Swiss February Consumer Price Index (CPI) for fresh impetus, which is expected to ease from 1.3% in January to 1.1% in February.
Sell USDCHF Channel BreakoutThe USD/CHF pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined channel pattern.
Sell Entry: Consider entering a short position around the current price of 0.8827, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels: Initial bearish targets lie at the previous support levels within the channel, now acting as potential resistance zones: 0.8780 and 0.8751. Further downside targets could be determined using other technical analysis methods like Fibonacci retracements or extensions.
Stop-Loss: To manage risk, place a stop-loss order above the broken support line of the channel, ideally around 0.8865. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.
Thank you.
Buckle Up for a Potential USD/CHF Short with External Liquidity
For traders seeking a potential short opportunity, the USD/CHF pair presents itself as an interesting candidate, especially when considering the influence of external liquidity. Here's a breakdown of the factors at play:
1. External Liquidity Woes: Global central banks are tightening their monetary policies, draining excess liquidity from the financial system. This can strengthen the CHF, a safe-haven currency, as investors seek refuge during economic uncertainties.
2. USD Correction: The US dollar has enjoyed a strong run in recent times. However, a potential correction could be on the horizon, especially if economic data disappoints or the Fed's hawkish stance softens.
3. Technicals: The USD/CHF chart might be hinting at a potential reversal. Look for signs of weakness, such as bearish chart patterns or overbought conditions on technical indicators.
Remember: This is just a simplified overview, and conducting your own research is crucial before making any trading decisions. Consider factors like risk management, position sizing, and exit strategies to navigate the market effectively.
Stay tuned for further updates and analysis!
USDCHF - Long from support zone ✅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 a long. I wait price to continue the retracement to fill the imbalance and then to reject from support zone for a potential long.
Fundamental analysis: Next week is NFP week, news with high impact on USD, so pay attention to the results on Friday to validate the analysis.
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SHORT USD/CHF from .8847I'm SHORT this pair from .8847.
USD/CHF has hit the channel shown. This is a recent area of resistance from 13/2/24.
Price has been overbought since yesterday and now it appears the BULLISH momentum of this pair is waning and the signs are that USD/CHF BEARS are jumping on board.
Although the Pivot Point SuperTrend remains BULLISH, the Andean Oscillator shows a rise in the red SELL line and the green BUY line is heading south and looks like it will cross the signal line soon.
Other confirmation of the BEARISH bias is the falling RSI and the MACD is crossing south whilst the signal bars are shortening.
This has to be considered a risk trade as we don't have every indicator confirming the BEARISH momentum but we are just under WR1 resistance having been above it a few hours ago and the other major consideration is US news at 15:00 being the Manufacturing PMI and Revised UoM Comsumer Sentiment.
Hopefully this trade will be in + numbers and we can get a tight STOP on before the release of the data which will no doubt move the market.
🚨USDCHF is Ready to fall🚨🏃♂️ USDCHF is moving in an Ascending Channel and is currently near the 🔴 Resistance zone(0.891 CHF-0.882 CHF )🔴 and 🟡 Potential Reversal Zone(PRZ) 🟡. It also managed to break the Uptrend line .
🔔I expect USDCHF to start to decline after entering the 🟡 Potential Reversal Zone(PRZ) 🟡 and at least break down to the 🟢 Support zone(0.874 CHF-0.871 CHF )🟢.
U.S.Dollar/Swiss Franc ( USDCHF ) 4-hour time frame⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
