The USD/CHF pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined channel pattern.
Sell Entry: Consider entering a short position around the current price of 0.8827, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels: Initial...
Based on the H1 chart analysis, we can see that the price has just reacted off our sell entry at 0.8845, which is an overlap resistance.
Our take profit will be at 0.8814, a pullback support level.
The stop loss will be placed at 0.8874, above a swing-high resistance level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of...
Waiting for a break and retest of 0.87719 to short USDCHF back to 4H swing low at 0.85623
If you agree drop a like and if you have any questions leave a comment :)
The USD/CHF currency pair is currently trading in a descending channel on the daily timeframe. The price has reached a strong resistance zone near the 0.8950 level, which coincides with the 618 Fibonacci retracement level of the previous bearish wave. This confluence of technical factors suggests that the bulls may face a tough challenge in breaking through this...
Based on Simple Technical Analysis ( Trendline + Support & Resistance )
Risk Disclaimer:
Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
USDCHF in an extreamly strong monthly downtrend and strong weekly downtrend I believe daily zone @ entry .9015 and stop @ .9059 that formed 11-13-23 should hold and push price back down to target 1@ approximately .8852 adjust if new demand forms target 2 shows no significant resistance to stop it from making last strong demand zone a t around .7899
I took a short at 0.88733.
50+ pips running profit. I think that there is a possibility for it going to my main target which is the liquidity pool. (100+ pips)
What do you think?
LQP = Liquidity Pool
Arrows = Inducement Points
DBR = Drop Base Rally Demand Zone
For traders seeking a potential short opportunity, the USD/CHF pair presents itself as an interesting candidate, especially when considering the influence of external liquidity. Here's a breakdown of the factors at play:
1. External Liquidity Woes: Global central banks are tightening their monetary policies, draining excess liquidity from the financial system....
On weekly TF we got a nice double top wicks rejecting to the down side. On 4h we can clearly see liquidity grab. If we get a break of strucutre to the downside I will be looking for the shorts from POC.
USDCHF is trading in the ascending channel; it printed a AB=CD pattern and a butterfly pattern.
The market is showing that the bulls are running out of steam, creating a bearish harmonic pattern.
Confluence level: resistance and fibo extension level of 161.80% and equal measured move.
We expect a bearish move from the confluence...
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Hello traders!
‼️ This is my perspective on USDCHF.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for a long. I wait price to continue the retracement to fill the imbalance and then to reject from support zone for a potential long.
Fundamental analysis: Next week is NFP week, news with high impact on...
Hello Traders !
On The Daily Time Frame, The USDCHF Reached a Resistance Level.
Currently, We Have 2 Scenarios:
Bullish Scenario📈
If The Price Breaks and Closes Above The Resistance Level,
We Will See a Bullish Move...
TARGET: 0.90130🎯
Bearish Scenario📉
If The Market Breaks The Neckline (0.87860 - 0.87426) and Closes Below That,
We Will See a Bearish...
Market Structure Bullish on Higher Time Frames
Entry at Weekly AOI
Weekly Rejection at AOI
Daily Rejection at AOI
Daily EMA Retest
Around Psychological Level 0.87500
H4 HL at AOI
REMEMBER: Trading is a Game Of Probability
: Manage Your Risk
: Be Patient
: Every Moment Is Unique
:...
🟠Rules
- No liquidity raid = No trade
- Never buy high and never sell low
“Adapt what is useful, reject what is useless, and add what is specifically your own.”
Dave FX Hunter ⚔
Hello Everyone,
The USDCHF has reached a fresh three-month peak. The situation remains uncertain, mirroring previous conditions, with a bearish trend simmering and poised to intensify soon!
TradeWithTheTrend3344
