USDCHF good short entry this morning during opening NY session. Anybody else get in?U.S. Dollar / Swiss Franc forum
USDCHF good short entry this morning during opening NY session. Anybody else get in?
Reversed H and S
USDCHF Exhibiting a potential Rounded Top Set-up. Waiting for Break of Confirmation
USDCHF who’s ready for the price to hit .89?!This guy!
USDCHF Daily also could form a H&S.
USDCHF Based off 1H and 4H support zones.
USDCHF 0.90200 buy now
USDCHF just sell alreadyyyy
USDCHF 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.
USDCHF hope to see bulls motivated today