CHFUSD trade ideas
Bearish reversal off 50% Fibonacci resistance?The Swissie (USD/CHF) is rising towards the pivot which acts as a pullback resistance and could drop to the 1st support which has been identified as an overlap support.
Pivot: 0.9043
1st Support: 0.8906
1st Resistance: 0.9171
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USD/CHF 4-Hour Timeframe AnalysisUSD/CHF 4-Hour Timeframe Analysis
The USD/CHF pair is exhibiting strong indications of potential bearish momentum following a rejection at a major key resistance level. After forming a double top at 0.92000, the price has consistently produced a sequence of lower highs (LH) and lower lows (LL), confirming a bearish market structure. During this downtrend, we have identified significant minor and major key levels that are likely to influence future price movements.
A critical area of interest is the 0.90100 level, which previously served as minor support. The price recently broke below this level, facilitating the accumulation of a substantial volume of seller orders, eventually driving the price down to the next minor key support at 0.89000. Despite reaching this support, we anticipate a liquidity hunt where the price may temporarily retrace to capture stop-losses within the liquidity zone before resuming its downward trajectory.
Our strategy involves waiting for the price to execute a liquidity hunt, targeting stop-losses placed by large-volume sellers within the identified liquidity zone. Once this liquidity grab occurs, we will await a confirmed 4-hour candle close below the minor key level before initiating a sell order. We have set a sell limit at 0.90070, with a stop-loss (SL) positioned at 0.90810 and a take-profit (TP) at 0.88920, aligning with the next significant support level.
Fundamental Insight:
Recent macroeconomic data adds further weight to our technical analysis:
SNB Policy Outlook: Any indications of a hawkish stance or reduced likelihood of rate cuts from the Swiss National Bank (SNB) could strengthen the CHF, reinforcing the bearish outlook for USD/CHF.
US Economic Data: Soft U.S. economic indicators, including weaker-than-expected employment figures or declining inflation, may exert downward pressure on the USD, further supporting our bearish bias.
Market Sentiment: Heightened global uncertainty may increase demand for the Swiss Franc as a safe-haven asset, adding further downside potential for the USD/CHF pair.
Market Outlook:
Considering the confluence of technical patterns and fundamental drivers, we maintain a bearish outlook on USD/CHF. However, it is imperative to confirm the anticipated liquidity grab and observe a 4-hour candle close before proceeding with trade execution.
Trade Parameters:
Entry: Sell limit at 0.90070
Stop Loss: 0.90810 (above the recent lower high)
Take Profit: 0.88920 (next minor key support level)
๐ Disclaimer:
This analysis is for informational and educational purposes only and should not be considered financial advice. Trading involves substantial risk, and past performance is not indicative of future results. Always conduct your own research and consult with a financial professional before making any investment decisions.
USDCHF H1 | Bearish BreakoutBased on the H1 chart analysis, we can see that the price is currently testing our sell entry at 0.9016. A bearish breakout from this level could drop toward our take profit, which will be at 0.8973, an overlap support that aligns close to the 61.8% Fibo retracement.
The stop loss will be placed at 0.9054, which is a swing-high resistance.
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Bearish reversal off pullback resistance?USD/CHF is rising towards the resistance level which is a pullback resistance that is slightly below the 61.8% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 0.9052
Why we like it:
There is a pullback resistance that is slightly below the 61.8% Fibonacci retracement.
Stop loss: 0.9097
Why we like it:
There is a pullback resistance that is slightly below the 78.6% Fibonacci retracement.
Take profit: 0.9003
Why we like it:
There is an overlap support level.
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Please be advised that the information presented on TradingView is provided to Vantage (โVantage Global Limitedโ, โweโ) by a third-party provider (โEverest Fortune Groupโ). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
USD/CHF Trend This Week - UptrendUSD/CHF news:
๐The USD/CHF pair continued its upward momentum, reaching 0.9000 in early European trading on Thursday. However, it is now showing signs of a potential pullback as the 1-hour RSI approached the overbought threshold of 80.
๐On Thursday, data revealed that the second estimate for the US Gross Domestic Product (GDP) in Q4 2024 remained unchanged from the initial forecast, reflecting an annualized growth of 2.3%. Meanwhile, US jobless claims rose by 22,000 to 242,000 for the week ending February 22, marking the highest level in three months.
๐Given this backdrop, the US Dollar is likely to maintain its strength across the board, keeping downward pressure on USD-denominated commodities. Additionally, Switzerlandโs latest Retail Sales y/y data came in at 1.3%, falling short of the expected 1.6%, which could signal bearish sentiment for the Swiss Franc.
Personal opinion:
๐The USD/CHF pair is still in an uptrend, however, the RSI (1H) of USD/CHF and DXU both signaled divergence after entering the overbought zone. So in the short term, there will be a slight pullback and then an increase for this pair.
Analysis:
๐Based on the resistance - support levels and important Fibonacci levels combined with SMA200 to come up with a reasonable strategy.
Plan:
๐ Price Zone Setup:
๐Buy USD/CHF 0.8980 โ 0.8990
โSL: 0.8950 | โ
TP: 0.9025 โ 0.9050 โ 0.9090
FM wishes you a successful trading day ๐ฐ๐ฐ๐ฐ
USDCHF Possible ideaHello Traders
Swing Structure - Bullish
After a Bullish BOS, I can identify discounted price
for possible long positions targeting the newly created swing high.
Internal structure - Bearish
After a Bearish BOS, i can identify premium price for possible short
positions targeting the newly created swing low.
Is dollar frank marking the price 0.92 as a goal?it's been a month and it did it twice on jan and feb 25
the big range for this pair is 0.92 to 0.84
a big wide range of 800.pts
now days will it test the 0.92 again? who knows but if it does -
Breaking the 0.92 might form an harmonic pattern to 0.94
Not breaking it will send it to 0.895 again and make descending bullish flag
USD/CHF Wedge Breakout (Weekly Forecast Mar 3-7)The USD/CHF pair on the H2 timeframe presents a Potential Buying Opportunity due to a recent Formation of a Wedge Breakout Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours.
Possible Long Trade:
Entry: Consider Entering A Long Position around Trendline Of The Pattern.
Target Levels:
1st Resistance โ 0.9138
2nd Resistance โ 0.9221
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Thank you.
USDCHF Trade Idea - Bullish Bias### **๐ USDCHF Trade Idea - Bullish Bias**
**๐ Market Outlook:**
I am considering **USDCHF bullish** based on the following confluences:
โ
**Bullish Monthly Outlook:** The pair is showing strong bullish potential, aligning with **monthly IRL (Initial Range Low)** to **ERL (External Range Liquidity)**. ๐
โ
**Bullish Trend Continuation:** Price action suggests a continuation of the **bullish trend**, with solid momentum. ๐
โ
**Break of Structure (BOS):** Recent breaks above significant resistance levels signal the possibility of further upside. ๐
โ
**SMC Confirmation:** Price action aligns with **Smart Money Concepts**, indicating potential institutional participation. ๐ฆ๐ต
### **๐ Trade Plan:**
๐น **Entry:** Look for pullbacks or minor retracements into **buy zones** (IRL to ERL) for optimal entries. โณ
๐น **Stop Loss:** Below the recent **swing low** or invalidation level. ๐จ
๐น **Take Profit:** Target the **next external liquidity zone** (ERL) as the ultimate take profit area. ๐ฏ๐ฐ
๐น **Confluence:** Look for **bullish order flow** and additional confirmation on **lower timeframes (LTF)** before executing. ๐
Let me know if you'd like more analysis or a chart to visualize the idea! ๐
USDCHF BUY TRADE PLAN WITH ALTERNATE PLAN๐ต Primary Trade Setup โ Bullish Reversal Buy
๐ Primary Entry Zone (Zone 1):
๐ท Buy Limit: 0.8970 โ 0.8950 (First institutional entry at OB/S&D zone ๐ฆ)
๐ Secondary Entry Zone (Zone 2 โ Optional Deeper Entry):
๐ท Buy Limit: 0.8935 โ 0.8910 (Only valid if Smart Money engineers another liquidity grab ๐ฏ)
๐ Stop Loss:
๐ซ SL: Below 0.8900 (Institutional SAFE Zone โ Below Liquidity Pool ๐)
๐ Take Profits:
๐ฏ TP1: 0.9000 (Internal Liquidity Reaction ๐)
๐ฏ TP2: 0.9050 (Liquidity Grab Confirmation ๐ฐ)
๐ฏ TP3: 0.9100 (Final Institutional Target ๐)
๐ Trade Type & Confidence:
๐ Type: Swing Trade / Intraday (Valid for 3โ5 Days) โณ
๐ Confidence Level: MEDIUM-HIGH ๐ฅ (Only Valid if Liquidity is Swept Below 0.8970 First).
๐ Execution Strategy:
โ
Aggressive Entry: Pending Buy Limit Order at 0.8970 โ 0.8950.
โ
Deeper Entry (Optional): If liquidity sweeps further, Buy Limit at 0.8935 โ 0.8910.
๐ Safe Entry: Wait for M15/H1 bullish rejection after liquidity grab before entering.
โ Invalidation: If price closes below 0.8900 with bearish momentum โ
ALTERNATE PLAN:
๐ด Secondary Trade Setup โ Bearish Liquidity Grab Sell
๐ Entry Zone:
๐ฅ Sell Limit: 0.9075 โ 0.9100
๐ Stop Loss:
๐ซ SL: Above 0.9125 (Institutional SAFE Zone)
๐ Take Profits:
๐ฏ TP1: 0.9050 (Internal liquidity reaction ๐)
๐ฏ TP2: 0.9000 (Key discount zone ๐ต)
๐ฏ TP3: 0.8950 (Final deep discount target ๐ฝ)
๐ Trade Type & Confidence:
๐ Type: Intraday / Short-Term Swing (Valid for 24โ48 Hours) โณ
๐ Confidence Level: HIGH ๐ฅ (Liquidity grab dependent, Smart Money re-entry zone).
๐ Execution Strategy:
โ
Aggressive Entry: Pending Sell Limit Order at 0.9075โ0.9100.
๐ Safe Entry: Wait for M15/H1 bearish rejection after liquidity grab before selling.
โ Invalidation: If price closes above 0.9125 with bullish momentum โ
USDCHF: Will Keep Falling! Here is Why:
Balance of buyers and sellers on the USDCHF pair, that is best felt when all the timeframes are analyzed properly is shifting in favor of the sellers, therefore is it only natural that we go short on the pair.
โค๏ธ Please, support our work with like & comment! โค๏ธ
USD/CHF - Weekly OutlookHi all, thank you all for the huge amount of support. My previous post blew up.
Here is a breakdown of the trade Idea I will be looking at for late next week
Long Term - Price is Bearish, making Lower Lows except we did fail to sweep the lowest swing of Liquidity. Price is still respecting the Resistance level. We do see a huge amount of resting Liquidity sitting higher acting as a triple top although I do believe we need to take sell side before making that large push to the upside.
Short Term - Price most recently had moved up away from the previous Demand zone after a solid Price run from the Resistance leaving us a large acting supply with no Mitigated price.
Trade Idea - After the most recent price run I would like price to move back up into the Supply zone also being at 0.91000 being a Key level. Price by then will also be within our OTE zone. Im targeting lower Liquidity to break previous structure after the Internal CHoCH. For added confluence we are under all Long Term EMA's.
Risking 80Pips in return for 270Pips
Good luck to all the traders that decide to follow
Cheers
USDCHF Wave Analysis โ 28 February 2025
- USDCHF reversed from support zone
- Likely to rise to resistance level 0.9050
USDCHF currency pair recently reversed from the support zone between the support level 0.8920 (which has been reversing the price from November), support trendline of the daily down channel from January and the lower daily Bollinger Band.
The upward reversal from this support zone created the daily Japanese candlesticks reversal pattern Morning Star which started the active impulse wave (3).
Given the clear daily uptrend, USDCHF can be expected to rise to the next resistance level 0.9050 (top of the previous minor correction iv).
USD/CHF Approaching Key Resistance โ Potential Reversal Ahead?Analysis & Description:
The USD/CHF pair is currently testing a **strong resistance zone**, which previously acted as a significant **supply area**. Price has approached this **key level**, and a potential **rejection** could lead to a bearish move.
#### **Key Observations:**
โ
**Resistance Area (Supply Zone):** Price is retesting a previously respected **resistance** zone.
โ
**Bearish Setup:** If the price fails to break above the **0.90607 level**, a **reversal** could take the pair lower toward the **target area**.
โ
**Volume Confirmation:** Increasing volume near resistance indicates potential selling pressure.
### **Trading Plan:**
๐ **Bearish Scenario:**
- A rejection at **resistance** could lead to a move down toward **0.89267**, aligning with previous support.
- **Stop-loss** can be placed above **0.90607** in case of a breakout.
โ ๏ธ **Bullish Risk:**
- If the price **breaks and holds above the resistance**, the bearish setup could be invalid, and further upside may occur.
### **Final Thought:**
USD/CHF is at a **crucial decision point**. Traders should **watch price action closely** for confirmation of either a **breakout or a rejection** before making a move! ๐จ๐
USDCHF 4h time frame , re-test major trendlineUSD/CHF โ 4H Chart Analysis (Feb 28, 2025)
1. Market Structure & Trend Analysis
Break of Uptrend: The price broke below the previous ascending trendline, indicating a shift in momentum.
Descending Trendline Retest: USD/CHF is currently testing the 0.9010 resistance, which aligns with a previous support level now turned resistance.
Potential Rejection Zone: If the price fails to break above 0.9010-0.9012, we may see another bearish leg.
2. RSI & Momentum Analysis
RSI is currently at 62.70, which is near overbought conditions.
The price has bounced from the lows, but RSI suggests it is approaching a potential resistance zone.
3. Key Levels to Watch
Resistance:
0.9010 - 0.9012 (Key level where price is struggling)
0.9050 (Next resistance if broken)
Support:
0.8950 - 0.8960 (Potential demand zone)
0.8900 (Stronger support if selling pressure increases)
4. Potential Trade Scenarios
๐ Bearish Scenario (Higher Probability)
If price fails to break 0.9010, expect a rejection and continuation to 0.8950 or lower.
Short Setup:
Entry: 0.9005 - 0.9010
Stop-loss: Above 0.9030
Target: 0.8950 - 0.8900
๐ Bullish Scenario (Lower Probability)
If price breaks and holds above 0.9012, it could push towards 0.9050.
Long Setup:
Entry: Above 0.9020
Stop-loss: Below 0.8990
Target: 0.9050 - 0.9080
5. Conclusion & Strategy
Short-term bias: Bearish below 0.9010, with a possible drop to 0.8950.
Trade idea: Look for short opportunities around resistance, unless a clean breakout happens.
Risk management: Watch for fake breakouts, and adjust stop-loss accordingly.
Potential bullish rise?The Swissie (USD/CHF) is falling towards the pivot and could bounce to the 1st resistance which has been identified as a pullback resistance.
Pivot: 0.8976
1st Support: 0.8940
1st Resistance: 0.9049
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.