USDCHF trade ideas
dont follow the fomo!With the positive news about the US dollar, I am still in my opinion to sell strongly!
tp1 (0.83350) With 540 pips
sl (0.90520)
USDCHF longmy trade idea for usdchf, we have been on a long uptrend and it is time for us to get into this trade
USDCHF LongPrice already bounced perfectly off the top of the 4h demand zone and had a lower timeframe change of character. I’m currently waiting for a pullback to look for a potential entry
USDCHFUSDCHF has successfully broke out of our descending channel leading price to shoot up from our strong support 88530 illustrated above.
USDCHF Will Close Its NWOGAs you can see, unlike most other currency pairs, USDCHF has not yet closed its NWOG. This move could now be imminent, supported by a bullish divergence in the Force Index, among others.
USDCHF_1Dhello
Analysis of US Dollar to Swiss Franc Daily and mid-term time frame Elliott wave analysis style The market is in an upward trend that we are currently correcting in wave 4 in terms of Elliott waves, and again after completing the correction, it can be used as a wave for the next rising wave. 5 take action. The bottom support of wave 4 is 0.87455 Wave 5 targets are 0.90190 and 0.90900
USDCHF November 2024Watching the pair to buy as USD strength will continue and gap still is not filled.
There should be market trigger for the USD strength.
USDCHFBroke Even on USDJPY. Failed to see the previous week candle has yet to be broken either above or below.Seem price is still looking to start below previous week low ,From there we will see what happens.
Took a SELL on USDCHF .DXY confirmed the sells. The trade is based on the above mentioned premises that I ignored on USDJPY.
USDCHF daily viewAfter breaking the daily trend lines with retest , new uptrend is forming HH and HL
RSI is showing up move .
Am expecting more up moves up to the next resistance level
Long trade with good RR ratio
Bullish Bias on USDCHFOn this USDCHF bullish setup, the confluences for it are-
1) Market Structure-BoS
2) Demand
3) Imbalance
4) Liquidity
If price is able to successfully retrace to my POI demand zone, I’ll head down ti the lower/entry timeframes of 15mins-3mins to identify a confirmation entry ChoCh, then identify my entry point on it which is either an Order-Block(demand) or a breaker-block, imbalance, liquidity or an order-block(demand) or a breaker block, imbalance. If identified correctly I’ll have my orders placed and target a maximum 1:3rr as profit target.
Note: the market is all about probabilities which also makes my analysis a probability.
BUY!!! USDCHF HAS REACHED A WEEKLY AND DAILY INTEREST AREAHELLO TRADERS, I AM VERY INTERESTED IN BUYING THIS USDCHF PAIR FOR THE NEXT SESSIONS IN LONDON AND NEW YORK, EVERYTHING INDICATES THAT THE PRICE WILL RISE AGAIN.
TECHNICAL ANALYSIS
CONFLUENCES AT THIS MOMENT
1.- bullish weekly time frame
2.- bullish daily time frame
3.- 4 Hr bullish time frame
4.- rejection of weekly interest zone
5.- rejection of psychological number 0.88500
6.- we are in an area of daily interest
7.- 4 Hr EMA rejection
8.- rejection candle 4 Hr
9.- structure change 30 M
10.- 15 M envelope candle, 30 M envelope candle,
1 Hr enveloping candle, 2 Hr enveloping candle.
why do I like it?
The weekly, daily and 4-hour time frame are bullish, that is, they are in total harmony. The most logical thing is to buy if the time frames are bullish!!!
The weekly candle from the previous week was rejected in an area of interest.
The price has been rejected in a weekly interest zone that has been respected on repeated occasions in the past.
The price is currently in a daily interest zone that has been respected on numerous occasions in the past.
The psychological number 0.88500 has been tested perfectly which has attracted buyers at this strong level.
The price has been rejected at the EMA in the 4 Hr time frame.
The bearish structure on the 30M time frame has been broken.
We have an engulfing candle on the 15M, 30M, 1Hr and 2Hr time frame.
In all this the only thing more reasonable is to look for purchases since the time frames are rising.
If you liked my analysis, don't forget to follow me and like it, I will respond to comments and suggestions. Wait for new updates, blessings and luck!!!
USDCHFHello traders,
USDCHF is still bullish, and our chance to get involved in the blue demand area is to buy with strict SL and TP toward the weak high on 1H time frame.
Bonne Chance!
USD/CHF at a Turning Point – Distribution in Progress?USD/CHF has been trading in a critical zone, with signs of potential distribution emerging. The Wyckoff structure on this chart highlights key phases—will we see a breakdown, or could this turn into a fakeout and rally
🚩 Key Levels to Watch:
Resistance at 0.8956 (potential UTAD)
Support near 0.8845 (SOW confirmation zone)
🔥 This week’s focus:
Waiting for price action to confirm a breakdown below 0.8845 for shorts.
Watching for any fakeout above the UTAD zone at 0.8956 for bullish traps.
Key Levels
Resistance (UTAD Zone):
Level: 0.8956
Plan: Look for signs of rejection or manipulation (e.g., wicks, false breaks) in this zone to confirm bearish intent.
Support (SOW Confirmation Zone):
Level: 0.8845
Plan: A clean break and retest of this level could confirm further downside.
Intermediate Zone (Mid-Level):
Level: 0.8902-0.8915
Plan: Watch for reactions around this level as a key area for short-term decision-making (e.g., scaling into trades).
Execution Plan
Bearish Scenario (Primary):
Entry Criteria:
Monitor for bearish price action (e.g., engulfing candles, strong rejections) around 0.8956.
Alternatively, wait for a clean break below 0.8845 to confirm weakness and enter on a pullback.
Stop Loss Placement:
If entering at the UTAD zone: Place SL just above 0.8965.
If entering after a break below 0.8845: Place SL above the retested zone (~0.8855).
Take Profit (TP) Targets:
TP1: 0.8805 (near lower consolidation support).
TP2: 0.8770 (extended target).
Bullish Scenario (Alternate):
Entry Criteria:
If the price breaks above 0.8956, watch for consolidation or retest of the UTAD zone for signs of bullish continuation.
Stop Loss Placement:
Place SL just below 0.8950 (invalidates bullish breakout).
Take Profit (TP) Targets:
TP1: 0.8990 (recent highs).
TP2: 0.9025 (further rally).
USDCHF LONGThe trend is long and to and also to follow the magic numbers specially the 100s so the next level is 0,9000 target.
USDCHF BULL RUSH Hello Traders! 👋
The USDCHF pair broke below a key level. This breakout signals potential further downside movement in the pair.
I will be going for a 1:2 on this trade
Follow and comment ! ❤️
25-11 USDCHF25-11 USDCHF Due to a colorless day and the correction on the Dollar, the trend of this pair seems to change. But we remain cautious. Our signal system gives a neutral score of +1 composed of: Cot Data 0, Retail sentiment -1, Seasonality, 1, Trend Reading 2, GDP -2, Manufacturing PMI -2, Services PMI 2, Retail Sales 2, Inflation 1, Employment Change -2, Unemployment Rate 0, Interest Rates 0. Sell placed at 0.883.
USDCHF - 15 mins BuyKey Observations:
Falling Wedge:
A clear bullish reversal pattern, the falling wedge, has been identified, indicating possible price breakout to the upside.
Support Zone (Highlighted Grey Box):
Price is currently testing a key support zone around 0.88641, which could serve as a launchpad for an upward move.
Manipulation Area:
There’s a manipulation zone marked within the broader Accumulation Phase, suggesting that smart money might have been positioning for a bullish reversal.
Bullish Target Levels:
Moving Averages:
The interaction of the shorter-term moving averages (gold/yellow) with the longer-term ones (blue/purple) could serve as additional confirmation of trend reversal.
RSI and Volume (if visible):
Potential Buy Scenario:
Entry Point: 0.88708
Consider entering near the current support zone (0.88641), especially if price forms a bullish engulfing candlestick or breaks out of the falling wedge pattern.
Stop Loss:
Place a stop-loss slightly below the support zone, around 0.8603, to minimize risk in case of a false breakout.
Take-Profit Levels:
First Take profit - 0.89168
Second take profit - 0.89567
Wait for a break above the falling wedge resistance or a retest of the breakout level for added confirmation.
Strategic Trading Insights for CHFUSD Next WeekRecent Performance: CHFUSD has recently been fluctuating around 1.12, amidst
geopolitical concerns and varying economic data from the U.S. and Europe.
The market sentiment reflects cautious optimism regarding the Swiss franc,
supported by strong performance in some cross-currency pairs.
- Key Insights: Traders should focus on the potential support at 1.10 and strong
resistance near 1.14. Maintaining a close watch on macroeconomic indicators
and tracking shifts in interest rate expectations is crucial for navigating
the CHFUSD landscape effectively.
- Expert Analysis: Experts warn of volatility driven by geopolitical tensions
and key economic data releases, with emphasis on the importance of central
bank signals. Market players suggest a mixed outlook, where strong U.S.
economic metrics could strengthen the dollar, while robust Swiss economic
performance might lend support to the franc.
- Sentiment Analysis:
- Current sentiment: 50.0
- Last week: 0
- Change: 50.0
- Total mentions: 3
- Price Targets: Based on analysis and professional traders' wisdom:
- Next week targets: T1 = 1.15, T2 = 1.17
- Stop levels: S1 = 1.09, S2 = 1.08
- News Impact: Key upcoming events include U.S. employment and CPI data
releases, which are anticipated to influence market sentiment. Additionally,
ongoing geopolitical tensions continue to pose risks, impacting how traders
approach CHFUSD in the near term.
USDCHF bullish momentum USDCHF we still looking bullish , we still seeing it forming higher highs and higher lows , so the is still bullish momentum but we expect it to come for a minor retest at 0.88500 - 0.88600 zone before we will expect any further upward movements
USDCHF**USDCHF:**
This week's forecast is for the price to fall slightly to 0.89019, then reverse and continue the bullish trend to the zone between 0.90155 and 0.90439.
