Swiss Franc / U.S. Dollar forum
USDCHF 0.90 soon...
USDCHF USD/CHF is showing signs of strength as it moves into the realization phase following an extended correction. The prevailing uptrend, coupled with a stronger U.S. dollar, creates a supportive environment for further gains.
On the daily timeframe, the technical outlook remains constructive. After breaking above trend resistance, the price successfully retested the previously broken level, confirming it as support. A false breakout was followed by consolidation above a key pivot, reinforcing bullish sentiment.
The next key resistance level to watch is 0.911. A sustained move above this zone could open the door for an advance toward 0.918 and potentially 0.930. However, before breaking higher, the pair may revisit the 0.90555 support level due to liquidity accumulation in this area. A decisive break above 0.911 would serve as a catalyst for further upside momentum.
Key Levels:
Resistance: 0.911
Support: 0.90555
USDCHF full buy set up 50+ pips signalIdea:USDCHF buy signal ahead of bre…
USDCHF bought at 0.9103 target profit at 0.9150
USDCHF Daily is bearish and a retest of previous lower high of right shoulder, that area having been previously tested twice before.4H broke out and hit previous resistance zone, producing a an indecisive wick candle.
London-Frankfurt/ New York Sessions will do the the trick as candles print
USDCHF Expecting one or the other to happen based on looking at the daily timeframe.
USDCHF here is a classic double top to drop! Hourly support is close, but I see price dropping below .9 to .88 area for a weekly
USDCHF hahahah , what is this gap?
USDCHF think to choch or idm ???
USDCHF From experience we are most likely witnessing a trend reversal and a buy trap.Htfs showed a break out above fib overbought level, that's only a wick.
As newer candles print, look out for potential sell structure.
Except we see a break above the wick confirming buy