FXAN & Heikin Ashi Trade IdeaOANDA:USDCHF
In this video, I’ll be sharing my analysis of USDCHF, using FXAN's proprietary algo indicators with my unique Heikin Ashi strategy. I’ll walk you through the reasoning behind my trade setup and highlight key areas where I’m anticipating potential opportunities.
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USDCHF trade ideas
Could the Swissie bounce from here?The price has bounced off the pivot which acts as a pullback support and could rise to the 1st resistance.
Pivot: 0.8797
1st Support: 0.8760
1st Resistance: 0.8918
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USDCHF | 25.03.2025BUY 0.88250 | STOP 0.87500 | TAKE 0.89250 | Technically, the price is likely to go up beyond the boundaries of the formed lateral local movement and consolidate above 0.88450, followed by a move to the level of 0.89250. The momentum is expected today on the publication of statistics from the United States. the indicators do not contradict this scenario.
USDCHF inverse Head and Shoulders USDCHF has formed a inverse head and shoulder pattern and its completing the right shoulder before it shoots up , lets not forget the fact that its on the level of strong support so and upward push could be expected , lets keep our eyes on it or else we will miss the opportunity
USDCHF - Range Reactions & Trendline Support HoldingPrice has been moving between a well-defined 1H support at 0.88016 and resistance at 0.88354, creating a clean range for intraday plays.
We recently saw price reject from 1H support, bounce off the ascending trendline, and begin pushing upward with bullish momentum. The MACD is attempting a bullish crossover, indicating possible continuation to the upside.
Trade Idea:
• Bias: Bullish short-term
• Entry: On retest of the ascending trendline or break above 0.88354
• Targets:
• TP1: 0.88354 (range resistance)
• TP2: 0.88600 (previous swing high)
• SL: Below trendline & 1H support (~0.87900)
Alternative Setup:
If price rejects 0.88354 again and breaks below the trendline, a short opportunity could develop back toward 0.88016 or even 0.87892.
Structure to Watch:
• Range: 0.88016–0.88354
• Trendline: Currently acting as dynamic support
• MACD: Watching for crossover confirmation
USDCHF Head & Shoulders: 400+ Pip Drop or Fakeout?USDCHF is showing a 131-day head and shoulders pattern, pointing to a possible 434-pip drop if it breaks below 0.8753. Even partial moves offer solid risk-reward, with setups ranging from 3.2 to 5.1. But be cautious—there’s also a chance of a failed pattern with upside potential. Fundamentals could decide the real breakout direction.
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USDCHF: Bullish Continuation is Expected! Here is Why:
The analysis of the USDCHF chart clearly shows us that the pair is finally about to go up due to the rising pressure from the buyers.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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USDCHF NEXT MOVESell after bearish candle stick pattern, buy after bullish candle stick pattern....
Best bullish pattern , engulfing candle or green hammer
Best bearish pattern , engulfing candle or red shooting star
NOTE: IF YOU CAN'T SEE ANY OF TOP PATTERN IN THE ZONE DO NOT ENTER
Stop lost before pattern
R/R %1/%3
Trade in 5 Min Timeframe, use signals for scalping
CHF/USD – Double Bottom Reversal Setup - Trading SetupComprehensive Analysis of CHF/USD 4-Hour Chart
The CHF/USD 4-hour chart presents a technical trading setup based on a Double Bottom reversal pattern, combined with trendline support and key resistance levels. This pattern suggests a potential bullish breakout if key resistance is cleared. Below is a professional breakdown of the chart, covering the market structure, pattern formation, and a strategic trading setup.
1️⃣ Market Structure & Trend Analysis
The overall market structure suggests that CHF/USD has been in an uptrend, as indicated by the ascending trendline that has consistently provided support. The price has recently tested a key support zone twice, forming the Double Bottom pattern, which is known for signaling a trend reversal or continuation of an uptrend.
The dashed trendline connecting higher lows confirms the bullish momentum.
As long as the price stays above this trendline support, the bullish bias remains valid.
A break below the trendline would indicate a possible reversal or a deeper retracement.
The most critical observation here is that the price is respecting both the trendline and horizontal support zone, which increases the likelihood of a breakout in the upward direction.
2️⃣ Double Bottom Pattern Formation
The Double Bottom pattern is clearly formed at a strong demand zone, reinforcing the idea that buyers are stepping in to prevent further declines.
The first bottom was formed after a rejection from the 1.1250 - 1.1290 support zone.
The price then attempted to recover but faced resistance at 1.1350 - 1.1400, which now acts as the neckline of the pattern.
The second bottom was formed at approximately the same price level as the first, confirming the validity of the pattern.
A Double Bottom pattern is considered bullish, but confirmation is required through a breakout above the neckline resistance (1.1350 - 1.1400). If the price successfully breaks this level, it will indicate that buyers have regained control and the price is likely to move higher.
3️⃣ Key Support and Resistance Levels
In this setup, there are three crucial price zones: support, resistance, and the target area.
The support zone, located around 1.1250 - 1.1290, is where buyers stepped in to push the price higher. This level is crucial because it provided strong demand during the formation of the Double Bottom.
The resistance level at 1.1350 - 1.1400 serves as the neckline of the pattern. A breakout above this level would confirm the bullish trend continuation, while rejection could lead to another retest of support.
The target area is projected around 1.1500 - 1.1550, based on the measured move of the Double Bottom formation. This is the price level where traders may start taking profits if the bullish breakout occurs.
4️⃣ Trade Execution Plan
To take advantage of this potential setup, traders should focus on three key aspects: entry, stop-loss placement, and take-profit levels.
Entry Strategy
Aggressive traders can enter a long position above 1.1350, anticipating an immediate breakout.
Conservative traders may wait for a break and retest of the 1.1350 - 1.1400 zone, which would act as a confirmation for a sustained bullish move.
Stop-Loss Placement
A logical stop-loss should be set below 1.1138, which is beneath the Double Bottom formation and trendline support.
If the price drops below this level, it would invalidate the bullish setup and signal a potential trend reversal.
Profit Targets
The first target zone lies around 1.1450 - 1.1500, where traders may consider securing partial profits.
The extended target zone is 1.1550, which aligns with the expected measured move of the Double Bottom pattern.
5️⃣ Risk Management & Final Considerations
Since this setup is based on a strong trendline support and bullish pattern, risk management is essential to protect against fake breakouts or sudden trend reversals.
Traders should monitor price action near the 1.1350 - 1.1400 resistance zone. A strong bullish candle closing above this area increases the likelihood of a successful breakout.
If the price fails to break out and starts moving lower, it may indicate that sellers are still in control, which could lead to a deeper correction toward 1.1200 or lower.
6️⃣ Summary & TradingView Idea
This CHF/USD 4-hour chart presents a high-probability bullish setup based on a Double Bottom reversal at a strong support zone. The key confirmation level to watch is 1.1350 - 1.1400, which, if broken, will likely push the price toward 1.1500 - 1.1550.
Entry: Buy above 1.1350 or after a breakout retest.
Stop Loss: Below 1.1138 to avoid false breakouts.
Take Profit: First target at 1.1450 - 1.1500, extended target at 1.1550.
This setup provides a favorable risk-to-reward ratio, making it a strong potential trading opportunity. However, traders should always wait for confirmation signals before entering a position. 🚀
USDCHF FORECAST Q1 FY25It would be embarassing if this dont play
cause imma say it now save yourselves
price will drive higher before the final kaput
as much as we profit from insight we need to discount events that are likely from such
forecasts
i dont like forex but my forecasts area always on point and last years if you doubt ill share them cause they private
like comment follow
Support and ResistanceGood day, traders as we can see in the setup above of usdchf, price has been playing between support and resistance indicated by the red zones.. i am expecting price to sell around the current resistance down to the support. Reason being , sell at resistance buy at support, Downtrend, pair correlation and other technical reasons