The current buying opportunity for USDCHF is at 0.90659, presenting traders with an advantageous entry point. Setting take profit levels at 0.90761, 0.90871, and 0.91074 allows for a strategic approach to capitalizing on potential market movements. These levels offer clear targets for profit-taking, helping traders manage risk and maximize returns. Implementing a...
Hello, traders here is a setup of USDCHF as you can see the price have created a bearish flag pattern (rising wedge pattern) and has already broken it and if you look closely the price created a head and shoulders pattern inside the flag pattern. This give's more indication that the price is likely to go down under these circumstances.
USD-CHF broke the rising
Support line and is now
Making a retest of the line
Which is now a resistance
And from where we will
Be expecting a local
Move down!
Last Week, USDCHF test the Demand Zone at 0.9000 but quickly pullback to 0.9100
In 4H chart, Resistance at 0.9100 make double top patern, further drop below 0.9000 could pull the bear into the market, pushing price to 0.8850 support level.
Looking at the potential for a bullish continuation, the USD/CHF could see a positive turn if it manages to climb...
Attention Traders, in today's trading session, our focus is on USDCHF, where we anticipate a potential buying opportunity around the 0.90650 zone. USDCHF has exhibited a recent breakout from its downtrend, and it is presently undergoing a corrective phase, edging closer to the retrace area near the 0.90650 zone.
From a fundamental perspective, it's crucial to...
after reaching to 0.922 and take the buy side liquidity, we saw a quick displacement and bearish FVG at 0.914. it can go below the equal lows at 0.9 and take the sell side liquidity below it
Hi guys, this is my overview for USDCHF, feel free to check it and write your feedback in comments👊
Recently price entered to falling channel, where it first reached resistance level, which coincided with resistance area.
Then CHF bounced down from this level and fell to almost support line of channel, after which made upward impulse.
Swiss Franc exited from...
The image you have shared appears to be a screenshot from a trading platform, specifically TradingView, showing a forex trading chart for the U.S. Dollar (USD) against the Swiss Franc (CHF) on a 1-hour timeframe. The chart includes various technical analysis elements typically used by traders to make decisions. Here's a breakdown of the setup and its...
USDCHF : Bullish Breakout and Growing Volume
The USDCHF currency pair recently broke out of a triangle pattern, signaling potential bullish momentum.
The price action broke above the upper boundary of the triangle pattern. This breakout suggests that the pair may continue its upward movement.
On the 4-hour chart, we observe a strong bullish candlestick,...
USD/CHF is rising towards the pivot, which has been identified as an overlapping resistance and could potentially reverse from this level to the 1st support.
Pivot: 0.9098
1st Support: 0.8987
1st Resistance: 0.9151
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose....
Potential setup for USDCHF in the short-mid term with Price Objective and potential targets. I look forward to shorting (scalping) this pair to all 3 targets at any given opportunity in the coming week(s) as market structure looks very promising & coincides with fib levels. V- Pattern completed in the W1 TF. Pair could likely retrace to the 50% fib level. Will be...
Hey Traders, in today's trading session we are monitoring USDCHF for a buying opportunity around 0.90400 zone, USDCHF is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.90400 support and resistance area.
Trade safe, Joe.
USD weakened after testing the low. We noticed a bearish move moving very fast to the downside. The bears are in control now. Use a 15m timeframe to sell the retests.
