USD/CHF Wedge Breakout (Weekly Forecast Mar 3-7)The USD/CHF pair on the H2 timeframe presents a Potential Buying Opportunity due to a recent Formation of a Wedge Breakout Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours.
Possible Long Trade:
Entry: Consider Entering A Long Position around Trendline Of The Pattern.
Target Levels:
1st Resistance – 0.9138
2nd Resistance – 0.9221
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CHFUSD trade ideas
USDCHF Trade Idea - Bullish Bias### **📈 USDCHF Trade Idea - Bullish Bias**
**🔍 Market Outlook:**
I am considering **USDCHF bullish** based on the following confluences:
✅ **Bullish Monthly Outlook:** The pair is showing strong bullish potential, aligning with **monthly IRL (Initial Range Low)** to **ERL (External Range Liquidity)**. 📅
✅ **Bullish Trend Continuation:** Price action suggests a continuation of the **bullish trend**, with solid momentum. 🚀
✅ **Break of Structure (BOS):** Recent breaks above significant resistance levels signal the possibility of further upside. 📊
✅ **SMC Confirmation:** Price action aligns with **Smart Money Concepts**, indicating potential institutional participation. 🏦💵
### **📌 Trade Plan:**
🔹 **Entry:** Look for pullbacks or minor retracements into **buy zones** (IRL to ERL) for optimal entries. ⏳
🔹 **Stop Loss:** Below the recent **swing low** or invalidation level. 🚨
🔹 **Take Profit:** Target the **next external liquidity zone** (ERL) as the ultimate take profit area. 🎯💰
🔹 **Confluence:** Look for **bullish order flow** and additional confirmation on **lower timeframes (LTF)** before executing. 🔄
Let me know if you'd like more analysis or a chart to visualize the idea! 📊
USDCHF BUY TRADE PLAN WITH ALTERNATE PLAN🔵 Primary Trade Setup – Bullish Reversal Buy
📍 Primary Entry Zone (Zone 1):
🔷 Buy Limit: 0.8970 – 0.8950 (First institutional entry at OB/S&D zone 🏦)
📍 Secondary Entry Zone (Zone 2 – Optional Deeper Entry):
🔷 Buy Limit: 0.8935 – 0.8910 (Only valid if Smart Money engineers another liquidity grab 🎯)
📍 Stop Loss:
🚫 SL: Below 0.8900 (Institutional SAFE Zone – Below Liquidity Pool 🛑)
📍 Take Profits:
🎯 TP1: 0.9000 (Internal Liquidity Reaction 📈)
🎯 TP2: 0.9050 (Liquidity Grab Confirmation 💰)
🎯 TP3: 0.9100 (Final Institutional Target 🚀)
📍 Trade Type & Confidence:
📊 Type: Swing Trade / Intraday (Valid for 3–5 Days) ⏳
💎 Confidence Level: MEDIUM-HIGH 🔥 (Only Valid if Liquidity is Swept Below 0.8970 First).
📍 Execution Strategy:
✅ Aggressive Entry: Pending Buy Limit Order at 0.8970 – 0.8950.
✅ Deeper Entry (Optional): If liquidity sweeps further, Buy Limit at 0.8935 – 0.8910.
🔍 Safe Entry: Wait for M15/H1 bullish rejection after liquidity grab before entering.
⚠ Invalidation: If price closes below 0.8900 with bearish momentum ❌
ALTERNATE PLAN:
🔴 Secondary Trade Setup – Bearish Liquidity Grab Sell
📍 Entry Zone:
🟥 Sell Limit: 0.9075 – 0.9100
📍 Stop Loss:
🚫 SL: Above 0.9125 (Institutional SAFE Zone)
📍 Take Profits:
🎯 TP1: 0.9050 (Internal liquidity reaction 📈)
🎯 TP2: 0.9000 (Key discount zone 💵)
🎯 TP3: 0.8950 (Final deep discount target 🔽)
📍 Trade Type & Confidence:
📊 Type: Intraday / Short-Term Swing (Valid for 24–48 Hours) ⏳
💎 Confidence Level: HIGH 🔥 (Liquidity grab dependent, Smart Money re-entry zone).
📍 Execution Strategy:
✅ Aggressive Entry: Pending Sell Limit Order at 0.9075–0.9100.
🔍 Safe Entry: Wait for M15/H1 bearish rejection after liquidity grab before selling.
⚠ Invalidation: If price closes above 0.9125 with bullish momentum ❌
USDCHF: Will Keep Falling! Here is Why:
Balance of buyers and sellers on the USDCHF pair, that is best felt when all the timeframes are analyzed properly is shifting in favor of the sellers, therefore is it only natural that we go short on the pair.
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USD/CHF - Weekly OutlookHi all, thank you all for the huge amount of support. My previous post blew up.
Here is a breakdown of the trade Idea I will be looking at for late next week
Long Term - Price is Bearish, making Lower Lows except we did fail to sweep the lowest swing of Liquidity. Price is still respecting the Resistance level. We do see a huge amount of resting Liquidity sitting higher acting as a triple top although I do believe we need to take sell side before making that large push to the upside.
Short Term - Price most recently had moved up away from the previous Demand zone after a solid Price run from the Resistance leaving us a large acting supply with no Mitigated price.
Trade Idea - After the most recent price run I would like price to move back up into the Supply zone also being at 0.91000 being a Key level. Price by then will also be within our OTE zone. Im targeting lower Liquidity to break previous structure after the Internal CHoCH. For added confluence we are under all Long Term EMA's.
Risking 80Pips in return for 270Pips
Good luck to all the traders that decide to follow
Cheers
USDCHF Wave Analysis – 28 February 2025
- USDCHF reversed from support zone
- Likely to rise to resistance level 0.9050
USDCHF currency pair recently reversed from the support zone between the support level 0.8920 (which has been reversing the price from November), support trendline of the daily down channel from January and the lower daily Bollinger Band.
The upward reversal from this support zone created the daily Japanese candlesticks reversal pattern Morning Star which started the active impulse wave (3).
Given the clear daily uptrend, USDCHF can be expected to rise to the next resistance level 0.9050 (top of the previous minor correction iv).
USD/CHF Approaching Key Resistance – Potential Reversal Ahead?Analysis & Description:
The USD/CHF pair is currently testing a **strong resistance zone**, which previously acted as a significant **supply area**. Price has approached this **key level**, and a potential **rejection** could lead to a bearish move.
#### **Key Observations:**
✅ **Resistance Area (Supply Zone):** Price is retesting a previously respected **resistance** zone.
✅ **Bearish Setup:** If the price fails to break above the **0.90607 level**, a **reversal** could take the pair lower toward the **target area**.
✅ **Volume Confirmation:** Increasing volume near resistance indicates potential selling pressure.
### **Trading Plan:**
📉 **Bearish Scenario:**
- A rejection at **resistance** could lead to a move down toward **0.89267**, aligning with previous support.
- **Stop-loss** can be placed above **0.90607** in case of a breakout.
⚠️ **Bullish Risk:**
- If the price **breaks and holds above the resistance**, the bearish setup could be invalid, and further upside may occur.
### **Final Thought:**
USD/CHF is at a **crucial decision point**. Traders should **watch price action closely** for confirmation of either a **breakout or a rejection** before making a move! 🚨📊
USDCHF 4h time frame , re-test major trendlineUSD/CHF – 4H Chart Analysis (Feb 28, 2025)
1. Market Structure & Trend Analysis
Break of Uptrend: The price broke below the previous ascending trendline, indicating a shift in momentum.
Descending Trendline Retest: USD/CHF is currently testing the 0.9010 resistance, which aligns with a previous support level now turned resistance.
Potential Rejection Zone: If the price fails to break above 0.9010-0.9012, we may see another bearish leg.
2. RSI & Momentum Analysis
RSI is currently at 62.70, which is near overbought conditions.
The price has bounced from the lows, but RSI suggests it is approaching a potential resistance zone.
3. Key Levels to Watch
Resistance:
0.9010 - 0.9012 (Key level where price is struggling)
0.9050 (Next resistance if broken)
Support:
0.8950 - 0.8960 (Potential demand zone)
0.8900 (Stronger support if selling pressure increases)
4. Potential Trade Scenarios
📉 Bearish Scenario (Higher Probability)
If price fails to break 0.9010, expect a rejection and continuation to 0.8950 or lower.
Short Setup:
Entry: 0.9005 - 0.9010
Stop-loss: Above 0.9030
Target: 0.8950 - 0.8900
📈 Bullish Scenario (Lower Probability)
If price breaks and holds above 0.9012, it could push towards 0.9050.
Long Setup:
Entry: Above 0.9020
Stop-loss: Below 0.8990
Target: 0.9050 - 0.9080
5. Conclusion & Strategy
Short-term bias: Bearish below 0.9010, with a possible drop to 0.8950.
Trade idea: Look for short opportunities around resistance, unless a clean breakout happens.
Risk management: Watch for fake breakouts, and adjust stop-loss accordingly.
Potential bullish rise?The Swissie (USD/CHF) is falling towards the pivot and could bounce to the 1st resistance which has been identified as a pullback resistance.
Pivot: 0.8976
1st Support: 0.8940
1st Resistance: 0.9049
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USDCHF Bearish Rejection from Premium Zone LiquidityTarget0.8793Overview:
The USD/CHF 4-hour chart displays a well-defined Wyckoff Distribution pattern, suggesting a bearish continuation. Price has rejected from an extreme Premium Zone (0.8990 - 0.9050), indicating that sellers are regaining control. The market is now poised for a potential decline toward unmitigated liquidity levels near 0.8793, which serves as the next key support.
Key Technical Analysis:
Buying Climax: The market experienced an aggressive bullish move before forming a Buying Climax (BC), which trapped late buyers.
Sign of Weakness (SOW): A major SOW (Sign of Weakness) confirms bearish intent, with price struggling to sustain above key resistance.
Change of Character (CHoCH): A confirmed shift from bullish to bearish structure, reinforcing the downtrend.
Extreme Premium Zone: The rejection from 0.8990 - 0.9050 acts as a strong supply area where institutions have placed sell orders.
Liquidity Hunt & Retest: The price recently swept liquidity near 0.8990 and is now testing a previous support zone, which is likely to turn into resistance.
Trade Plan:
📌 Entry: Short near 0.8990 - 0.9000 after a retest confirmation.
🎯 Target 1: 0.8800 (Key psychological level).
🎯 Target 2: 0.8793 (Unmitigated liquidity).
🎯 Target 3: 0.8735 (Deeper bearish target).
🛑 Stop Loss: Above 0.9050 to minimize risk.
Swiss franc dips as Swiss GDP declinesThe Swiss franc is down for a second straight trading day. In the European session, USD/CHF is trading at 0.8980, up 0.38% on the day.
The Swiss economy slowed to 0.2% q/q in the fourth quarter of 2024, down from 0.4% in Q3 and in line with expectations. This was the weakest expansion since Q2 2023. Construction weakened in the fourth quarter but manufacturing and exports rebounded from the previous quarter. Annualized, GDP rose 1.5%, down from 1.9% in Q3, the softest expansion in three quarters.
The weak GDP data supports the case for the Swiss National Bank to lower interest rates. The central bank is in the midst of an easing cycle and showed its aggressive side in December when it chopped rates by 50 basis points, bringing the cash rate to 0.50%.
The SNB only meets on a quarterly basis, magnifying the importance of each meeting. The next meeting is on March 20 and the markets have priced in a 25-bps cut at close to 100%. There are two key factors that Bank policymakers will be looking ahead of a rate decision - inflation levels and the exchange rate. Inflation has fallen by 0.1% for four consecutive months and is putting pressure on the SNB to continue lowering rates. The next inflation report is on March 5 and another soft report would cement a rate cut at next month's meeting. The SNB also uses monetary policy to ensure that the Swiss franc is not too strong, which would hurt the export sector.
The US releases second-estimate GDP for the fourth quarter of 2024 later today. The initial estimate came in at 2.3%, down from 3.2% in the third quarter. The US economy remains strong and inflation has been largely contained. The Federal Reserve is expected to cut rates this year only once or twice, unless the economic data does not evolve as expected.
USD/CHF is testing resistance at 0.8992. Above, there is resistance at 0.9018
0.8969 and 0.8943 are providing support
PREPARING FOR SHORT POSITIONSUSD/CHF 4H - As you can see price has just traded up and into the Supply Zone I gave out to you all the other day. Now price has traded in, we want to see price reject well so we can prepare to short.
I will be looking at the corrective wave that traded price up and into this zone for a break in the last protected low thats been set. Once we have that we will have reasonable confirmation to presume the new impulse is ready to be printed.
Once we have that break to the downside its just a case of waiting for price to pullback up to set a lower high, this is where we will be looking to enter in from. We can find areas for price to set a lower high by scouting fractal Supply Zones.
These will act as key areas for price to trade us short from. Its just a case of waiting for price to trade up and into these so we can place our positions with as much confluence as possible.
USD/CHF 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
USDCHF to continue in the downward move?USDCHF - 24h expiry
Broken out of the channel formation to the downside.
Our short term bias remains negative.
Previous support level of 0.8965 broken.
Preferred trade is to sell into rallies.
50 4hour EMA is at 0.8987.
We look to Sell at 0.8987 (stop at 0.9012)
Our profit targets will be 0.8915 and 0.8905
Resistance: 0.8974 / 0.9004 / 0.9020
Support: 0.8950 / 0.8930 / 0.8912
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
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USDCHF sideways ahead of US GDP figuresThe USDCHF currency pair price action sentiment appears bullish, supported by the longer-term prevailing uptrend. The recent intraday price action appears to be a sideways consolidation.
The key trading level is at 0.8946, the previous consolidation price range, and the rising support trendline zone. A corrective pullback from the current levels and a bullish bounce back from the 0.8946 level could target the upside resistance at 0.9033 followed by the 0.9050 and 0.9087 levels over the longer timeframe.
Alternatively, a confirmed loss of the 0.8946 support and a daily close below that level would negate the bullish outlook opening the way for a further retracement and a retest of 0.8913 support level followed by 0.8860.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
USDCHF -Weekly forecast, Technical Analysis & Trading IdeasMidterm forecast:
0.89147 is a major support, while this level is not broken, the Midterm wave will be uptrend.
Technical analysis:
The ascending flag taking shape suggests we will soon see another leg higher.
A trough is formed in daily chart at 0.89115 on 02/25/2025, so more gains to resistance(s) 0.90367, 0.91497, 0.92218 and more heights is expected.
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