USDCHF LONG TRADE Based on a thorough analysis from HTF To LTF, We entered a short term LONG trade on USDCHF.
CHFUSD trade ideas
Look at USDCHF Chart and Continue Reading Price ActionLet's Look at USDCHF Chart and Seeing Trade Opportunities in Next Week, Good Luck With Your Trades :D
Look at USDCHF Chart and Continue Reading Price ActionLet's Look at USDCHF Chart and Seeing Trade Opportunities in Next Week, Good Luck With Your Trades :D
USDCHF - Confirmation for short !!Hello traders!
‼️ This is my perspective on USDCHF.
Technical analysis: We are bearish and have hidden divergence, as well price rejected from liquidity zone + institutional big figure 0.89000. On H1 price formed regular divergence, so I want to break the structure below 0.88820 to open a short position.
Like, comment and subscribe to be in touch with my content!
USDCHF Zone To Watch Out ForUSDCHF is at a resistance zone. If the market make it a support zone and gives a bullish confirmation above it, it can be a good buying opportunity.
At the moment it is at resistance level so if you want to go long, you must wait for a proper confirmation. Remember Buy at support and Sell at resistance :)
If you found this interesting please consider supporting this analysis by liking, commenting, and sharing with friends, colleagues, traders, and trading communities. Thanks👍🙂
USDCHFUSDCHF price is near the support zone 0.88204 and 0.87972. If the price cannot break through the level of 0.87972, there is a chance that the price will rebound. Consider buying in the red zone.
>>GooD Luck 😊
❤️ Like and subscribe to never miss a new idea!
*Always follow your trading plan regarding entry, risk management
USD/CHF Daily timeframe we have reach out previous support level and on 4h market has given us a hammer candle which indicates buyers are now taking control
USDCHF SELL OPPORTUNITY 4HR TIMEFRAMEOverall trend is a downtrend. Candlestick trend break of structure to downside now. Expecting liquidity grab and entry at supply zone (0.89500). Targeting price to break the next lower low order flow (0.88170).
USDCHF The Target Is UP! BUY!
My dear friends,
Please, find my technical outlook for USDCHF below:
The price is coiling around a solid key level - 0.8897
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal -0.8946
Safe Stop Loss - 0.8865
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
———————————
WISH YOU ALL LUCK
DeGRAM | USDCHF rebound from supportUSDCHF is moving in a descending channel between the trend lines.
The chart bounced off the support and approached the resistance level.
We expect the growth to continue after overcoming the current level.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
USDCHFThe market is on an uptrend from an unmitigated 1H OB 0.88380
We target our 1HR OB on the upperside 0.89789 as our TP
To move our stop loss as the market hits new levels to lock in our profits.
USDCHFThe market is on an uptrend from an unmitigated 1H OB 0.88380
We target our 1HR OB on the upperside 0.89789 as our TP
To move our stop loss as the market hits new levels to lock our profits.
USDCHF: USD May Weaken Against The ClassicHey Traders, in today's trading session we are monitoring USDCHF for a selling opportunity around 0.89500 zone, USDCHF is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.89500 support and resistance area.
Trade safe, Joe.
Lingrid | USDCHF trend CONTINUATION tradeThe price perfectly fulfills my previous idea. It hit the target. FX:USDCHF has broken through the support level at 0.89000 and the range zone, triggering a significant drop. The market has since rallied back up to this level after impulse move down. If the price forms a rejection candle at this resistance zone, it may indicate that the downward trend is likely to continue. Given that the overall market trend is currently in a downtrend, I expect the price to either fall from this resistance level or re-test the range zone then move down. My goal is support level 0.88415
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
USDCHF: Time To Recover ?USDCHF: Time To Recover ?
Price tested a very strong daily support zone near 0.8830 and with that also the USD strength.
Yesterday after the ECB rate decision USD showed strength again after 3 weeks of weakness.
On the daily chart USDCHF is taking a pause and probably it will get ready to grow again soon as it is shown in the chart.
The market may recover ahead of the FOMC meeting that is scheduled for the end of July.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
usdchfsell setuppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppp
USDCHF High risk Setup 2 directionfrom my analysis, the previous drop are over sold
strenght are to pull back before it goes down again , lastly ,
it will come back upwards.
it takes at least 2 weeks time to foam.
that was my idea of mapping.
dont simply follow whatever i have analysed , we need to see what market respond and react.
USD/CHF Rebound Keeps RSI Above 30USD/CHF rebounds from a fresh monthly low (0.8820) to keep the Relative Strength Index (RSI) above 30.
USD/CHF Rate Outlook
Keep in mind, the recovery in USD/CHF takes shape after it failed to defend the June low (0.8827), with the 50-Day SMA (0.8993) now reflecting a negative slope following the decline from earlier this month.
Nevertheless, USD/CHF may stage a larger rebound as the RSI moves away from oversold territory, with a move above the 0.8880 (38.2% Fibonacci retracement) to 0.8910 (38.2% Fibonacci extension) region bringing the moving average on the radar.
Next area of interest coming in around 0.9030 (38.2% Fibonacci extension) to 0.9040 (23.6% Fibonacci extension) but USD/CHF may struggle to retain the advance from earlier this year should it track the negative slope in the moving average.
--- Written by David Song, Strategist at FOREX.com
USDCHF: Multiple Rejections, Strong Bullish Leg ExpectedPrice has recently rejected support on multiple occasions, and a double bottom pattern appears to be emerging on the daily (D) timeframe. Additionally, multiple rejections on the 4-hour (4H) timeframe further strengthen our bullish bias. I expect the price to continue in a strong upward trajectory.
**Rationale:**
~ Breakout of Descending Channel (D)
~ Retest of Support (D)
~ Break of Uptrend line (D)
~ Double Bottom Pattern (D)
~ Retest of Support (4H)
~ Rejection Candlesticks (4H)
**Disclaimer:**
My trading ideas are market predictions and therefore should be viewed as such. As an intraday trader (scalper), I use my observations to identify potential trade opportunities on the higher time frames. I then aim to pinpoint key entry points on the lower time frames. Entries should always be verified by additional confirmations.
---
#scalping
#intraday
USDCHFAs for my opinion this will run up to the above zone.. the marked buy zone will be a convenient entry zone.
USD/CHF Bearish Gartley Pattern Indicates Potential DowntrendThe USD/CHF currency pair is forming a Bearish Gartley Harmonic Pattern, signaling potential downward movement. This pattern is aligning with a key resistance area, adding further confluence to our bearish outlook.
Key Resistance and Trendline Confluence:
Price action has shown a strong rejection at a key resistance level, which coincides with a downward trendline and the 78.6% Fibonacci retracement level. This confluence of technical indicators strengthens our bearish sentiment for the USD/CHF pair.
Entry and Stop Loss:
Given the current market conditions and the formation of the Bearish Gartley Pattern, our entry point is set at 0.89442. To manage risk, a stop loss is placed at 0.89864, slightly above the resistance area to account for potential market fluctuations.
Take Profit Levels:
We have identified three key take profit levels based on historical support areas and Fibonacci extensions:
TP-1: 0.89020
TP-2: 0.88598
TP-3: 0.88176
Analysis Summary:
The alignment of the Bearish Gartley Harmonic Pattern with the key resistance area, trendline, and the 78.6% Fibonacci level provides a high-probability trading opportunity. The rejection at these confluences suggests potential bearish momentum, making this a suitable trade setup with well-defined entry, stop loss, and take profit levels.
Traders should monitor the price action closely around these levels to adjust positions as necessary.
USDCHF: Your Trading Plan Explained 🇺🇸🇨🇭
USDCHF looks quite oversold after the yesterday's bearish rally.
The price is stuck on a key daily support at the moment.
My confirmation to buy the pair will be a bullish breakout
of a neckline of a double bottom formation on a 4H time frame.
A 4H candle close above 0.885 will confirm a violation.
A bullish continuation will be expected at least to 0.8874 then.
If the price sets a new lower low lower close on a 4H,
the trading setup will become invalid.
❤️Please, support my work with like, thank you!❤️
