USD/CHF LONGSUSD/CHF 1H - I am wanting to see price trade down and into the zone we have marked out below, clearing this area of Demand before trading the market higher.
I am expecting enough Supply to be offloaded and enough Demand to be introduced to give us an S&D flip, using that to give us the confirmation to buy into this market longer term.
You will notice the fractal path I marked out above, where I wanted to see price trade up and into the fractal area of Supply before moving lower, this trade played out perfectly but you'll notice my alert wasn't set off.
This meant that unfortunately we missed out on shorts trading price lower down and into the Demand zone which would have been our take profit target, I hope some of you managed to jump on from previous analysis.
Nevertheless, we are looking and preparing to take this market long, we are simply waiting for price to give us the confirmation to do so. I will keep you all posted.
CHFUSD trade ideas
USDCHF Short at 0.89099 w Technical analyis;Fundamental,..Trade Idea: Short USD/CHF
Entry: 0.89118
Stop Loss: 0.89293
Take Profit: 0.88528
Risk-to-Reward Ratio: 3.25:1
Risk per Trade: 1,8%
Analysis: OANDA:USDCHF
• Technical Setup: Price is rejecting the MR50 and pivot point, showing bearish signals.
Long wicks suggest a potential reversal.
• Indicators: Williams %R shows overbought conditions, supporting the short setup.
• Timeframe: Entering on the 50-minute chart after confirmation of price rejection or
lower highs.
Fundamentals:
• Swiss CPI: 0.6% (actual) vs 0.5% (forecast) indicates a stronger Swiss Franc,
supporting the short trade on USD/CHF.
• COT Data: Positions are bearish on USD and bullish on CHF, aligning with the setup.
Market Sentiment:
• DXY: A bearish USD supports the downside in USD/CHF.
• Overall Sentiment: Bearish sentiment towards USD in March suggests continued
weakness for USD/CHF.
Risk Management:
• Stop Loss at 0.89313 and take profit at 0.88528, offering a 2.97:1 risk-to-reward
ratio.
This is a high-probability short setup with solid technical, fundamental, and sentiment alignment. Always use proper risk management. (70-75% Probability of Winning this Trade)
USDCHF 15K TARGET PROFIT LIVE TRADE UPDATEUS Dollar Weakness:
Expectations of Federal Reserve (Fed) interest rate cuts put downward pressure on the US dollar. When markets anticipate lower interest rates, it generally makes the currency less attractive to investors.
Economic data, such as weaker-than-expected US employment figures, can reinforce these expectations and further weaken the dollar.
Also, concerns about US trade tarrifs, and the potential negative effects they bring to the US economy, also has a weakening effect on the USD.
USD/CHF - Market Outlook This is my Outlook for USD/CHF
Currently we have some very clean price action in the 6H of which we have had a CHoCH and we previously tested a strong Supply zone before selling off. Leaving behind lots of buy side Liquidity Im looking to take out this first Supply zone before then selling off into the 0.27 Extension on the Fib. As long as P.A continues with this clean movement I will look to capture a similar move
Good luck to all the traders that follow
POTENTIAL LONG TRADE SET UP FOR USDCHFAnalysis: Utilizing chart patterns, highs & lows, and impulses & corrections, the focus is on identifying a continuation corrective structure following a breakout.
The price approached the lower bound of a bullish continuation structure on the higher time frame (HTF) with a broadening descending structure on the Mid time frame (MTF). We will now monitor for a bullish impulse and continuation structure on the LTF to identify a potential entry point for the trade.
Expectation: A upward move is expected.
⚠️ Reminder: Always conduct your own analysis and apply proper risk management, as forex trading involves no guarantees. This is a high-risk activity, and past performance is not indicative of future results. Trade responsibly!
Bullish bounce?USD/CHF is falling towards the support level which is a pullback support and could bounce from this level to our take profit.
Entry: 0.8883
Why we like it:
There is a pullback support level.
Stop loss: 0.8819
Why we like it:
There is a pullback support level that is slightly below the 161.8% Fibonacci extension.
Take profit: 0.8984
Why we like it:
There is a pullback resistance level that lines up with the 71% Fibonacci retracement.
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USD-CHF Will Go Down! Sell!
Hello,Traders!
USD-CHF is making a
Bullish rebound after a
Bearish breakout but the
Pair will soon hit a new
Horizontal resistance
Of 0.8955 from where
We will be expecting a
Further move down
Sell!
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Support and ResistanceGood day traders, i hope ya'll have been well. Lets take a look at USDCHF. As ya'll can see in the setup above we have a clear support and resistance indicated by the blue and red zones, and because our trend has been a downtrend on the weekly timeframe it is safer to look for sells, not just because of that but price just rejected the resistance and also based on additional technical analysis. please scale down to lower timeframes and find suitable sell entries for your accounts
USDCHF Analysis Today: Technical and Order Flow Analysis !In this video I will be sharing my USDCHF analysis today, by providing my complete technical and order flow analysis, so you can watch it to possibly improve your forex trading skillset. The video is structured in 3 parts, first I will be performing my complete technical analysis, then I will be moving to the COT data analysis, so how the big payers in market are moving their orders, and to do this I will be using my customized proprietary software and then I will be putting together these two different types of analysis.
USDCHF - Sell Opportunity After Support BreakOANDA:USDCHF has broken below a key support zone, indicating a potential shift in momentum. The price may now retest this zone, which previously acted as support and could serve as resistance, aligning with a potential bearish continuation.
If sellers confirm resistance at this level, the price is likely to decline further toward the 0.88640 target, which serves as a logical level for this setup. Conversely, a break back above the zone could signal a potential bullish reversal.
Traders should watch for bearish confirmation signals, such as bearish engulfing candles, strong wicks rejecting the resistance zone, or increased selling volume, before considering short positions. Let me know your thoughts or any additional insights you might have!
Market Analysis: USD/CHF Dips FurtherMarket Analysis: USD/CHF Dips Further
USD/CHF declined and now struggling below the 0.8950 resistance.
Important Takeaways for USD/CHF Analysis Today
- USD/CHF declined below the 0.8975 and 0.8950 support levels.
- There is a short-term contracting triangle forming with resistance near 0.8910 on the hourly chart at FXOpen.
USD/CHF Technical Analysis
On the hourly chart of USD/CHF at FXOpen, the pair started a fresh decline from well above the 0.9000 zone. The US Dollar dropped below the 0.8975 support to move into a negative zone against the Swiss Franc.
The bears pushed the pair below the 50-hour simple moving average and 0.8920. Finally, the bulls appeared near the 0.8870 level. A low was formed near 0.8871 and the pair is now consolidating losses.
There was a minor increase and the pair tested the 23.6% Fib retracement level of the downward move from the 0.9036 swing high to the 0.8871 low. On the upside, the pair could face resistance near the 0.8910 level.
There is also a short-term contracting triangle forming with resistance near 0.8910. The next major resistance is near the 50% Fib retracement level of the downward move from the 0.9036 swing high to the 0.8871 low at 0.8950, above which the pair could test the 0.8975 level.
If there is a clear break above the 0.8975 resistance zone, the pair could start another increase. In the stated case, it could even surpass 0.9000.
On the downside, immediate support on the USD/CHF chart is 0.8900. The first major support is near the 0.8870 level. The next major support is near 0.8850. Any more losses may possibly open the doors for a move toward the 0.8820 level in the coming days.
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