USDCHF Multi-Timeframe Analysis
Daily Chart Observations:
✅ Trend Still Bearish – No significant shift in structure.
✅ Price Holding Below Rejection Zone – No break above yet.
✅ MACD Still Bearish – No sign of reversal on the daily yet.
4H Chart Observations:
✅ Short-Term Push Up – Price attempting to re-enter downtrend channel.
⚠️ Will It Break or Reject? – Price at critical decision point.
⚠️ MACD Starting to Flatten – Upside momentum slowing down.
1H Chart Observations:
⚠️ Losing Momentum at Resistance – Struggling to push higher.
✅ Potential Rejection Area – Confluence with trendline & moving averages.
⚠️ MACD Histogram Shrinking – Weakening bullish pressure.
⸻
Key Trading Decision: Break or Rejection?
Scenario 1: Price Breaks Above Downtrend Channel → Look for Buys
• If 1H closes above trendline with strong volume, the move up may continue.
• Target 0.88500 - 0.89000 for a short-term retracement.
Scenario 2: Price Rejects and Bounces Down → Look for Sells
• If 1H closes with strong rejection wicks, this confirms a fake-out.
• Look for M5 or M15 bearish confirmation to enter short.
• Target a move back toward 0.87700 - 0.87500 zone.
Daily Chart Observations:
✅ Trend Still Bearish – No significant shift in structure.
✅ Price Holding Below Rejection Zone – No break above yet.
✅ MACD Still Bearish – No sign of reversal on the daily yet.
4H Chart Observations:
✅ Short-Term Push Up – Price attempting to re-enter downtrend channel.
⚠️ Will It Break or Reject? – Price at critical decision point.
⚠️ MACD Starting to Flatten – Upside momentum slowing down.
1H Chart Observations:
⚠️ Losing Momentum at Resistance – Struggling to push higher.
✅ Potential Rejection Area – Confluence with trendline & moving averages.
⚠️ MACD Histogram Shrinking – Weakening bullish pressure.
⸻
Key Trading Decision: Break or Rejection?
Scenario 1: Price Breaks Above Downtrend Channel → Look for Buys
• If 1H closes above trendline with strong volume, the move up may continue.
• Target 0.88500 - 0.89000 for a short-term retracement.
Scenario 2: Price Rejects and Bounces Down → Look for Sells
• If 1H closes with strong rejection wicks, this confirms a fake-out.
• Look for M5 or M15 bearish confirmation to enter short.
• Target a move back toward 0.87700 - 0.87500 zone.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.