FINAL UPDATE ON USD/CHFUSD/CHF 30M - As you can see price is approaching our TP target for the trade we sent out last week on this pair, what a trade this was, it has played out perfectly for us over the course of the last few days.
With me putting a-lot of energy into this challenge I have been recording and journaling I forgot to post the re-entry opportunity for you all. No excuse really and apologise for that as it was something I promised.
This trade is currently running + 138 pips. (+ 7%) 7RR
So with that being said people I am going to take a step away from this personal 20k-100k journey and put full focus back into the chat as thats whats important to me, seeing you guys succeed, this benefits me also don't worry.
A big well done to anyone who held the original position from last week and anyone who managed to get a re-entry on the market, any questions drop me a message or comment below!
CHFUSD trade ideas
Monday Range, KL - FVG, OB, Model 2Monday Range, KL - FVG, OB, Model 2
you are welcome to comment with your thoughts and share your charts or questions below, I like any constructive discussion.
What is CLS?
This company is trading for the biggest investment banks and central banks. They trade over 6.5 trillion daily volume. They are smart money of the all markets.
CLS operates in the specific times which will give you huge advantage and precisions to you entries. Focus on that. Its accuracy is amazing.
Good luck and I hope this educational post helps to become better trader
“Adapt what is useful, reject what is useless, and add what is specifically your own.”
Dave FX Hunter ⚔
USDCHF PRICE FORECAST 1H BEARSH TRADEForex Trade Update: USD/CHF Analysis
Pair: USD/CHF
Trade Type: Sell
Entry Price: 0.90550 📉
Stop Loss: 0.91200 🚫
Take Profit: 0.89000 🎯
Analysis:
USD/CHF has broken out of the uptrend, confirmed by the EMA50 indicator showing a bearish crossover. This setup indicates a potential downward move. The sell entry is positioned at 0.90550, targeting the support zone at 0.89000, with a stop loss at 0.91200 to manage risk effectively.
Risk/Reward Ratio: 💹 Favorable
📊 Monitor the price action and EMA50 for confirmation of the trend. Stay disciplined and trade wisely!
#Forex #USDCHF #EMA50 #Trading #Breakout #MarketUpdate
USD/CHF BULLS ARE STRONG HERE|LONG
Hello, Friends!
It makes sense for us to go long on USD/CHF right now from the support line below with the target of 0.917 because of the confluence of the two strong factors which are the general uptrend on the previous 1W candle and the oversold situation on the lower TF determined by it’s proximity to the lower BB band.
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Potential bearish drop?The Swissie (USD/CHF) is rising towards the pivot and could drop to the 1st support.
Pivot: 0.9092
1st Support: 0.9008
1st Resistance: 0.9137
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. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
USDCHF 100PIP MOVE TO THE HIGH Current Market Conditions & Entry Setup:
Identify Support Level: Look for a recent key support level or consolidation zone that could act as a strong base for price action. For example, if USDCHF is currently around 0.9300 and has recently bounced off a support at 0.9250, this could be a good level for an entry.
Bullish Trend: Confirm that the pair is in a short-term bullish trend, ideally confirmed by upward price action, higher highs, and higher lows.
Candlestick Patterns: Look for bullish candlestick patterns (e.g., bullish engulfing, hammer) around support zones that suggest a strong upward move is about to take place.
2. Technical Indicators:
RSI: If the RSI is around 50-60, this suggests that there is still room for an upward move without the pair being overbought.
Moving Averages: Ensure that the price is trading above short-term moving averages (e.g., 20-period or 50-period MA) to confirm bullish sentiment.
MACD: A bullish MACD crossover (when the MACD line crosses above the signal line) would add further confirmation for a bullish entry.
Bearish drop?USD/CHF has reacted off the resistance level which is a pullback resistance and could drop from this level to our take profit.
Entry: 0.9093
Why we like it:
There is a pullback resistance level.
Stop loss: 0.9138
Why we like it:
There is a pullback resistance level.
Take profit: 0.9022
Why we like it:
There is an overlap support level that aligns with the 38.2% Fibonacci retracement.
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USD/CHF - 21.01.25DISCLAIMER:
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
USDCHF LONGMarket structure bullish on HTFs 3
Entry at Weekly and Daily AOi
Weekly rejection at the AOi
Daily Rejection at AOi
Previous Structure point Daily
Around Psychological Level 0.91000
H4 EMA retest
H4 Candlestick rejection
Rejection from Previous structure
Levels 5.35
Entry 110%
REMEMBER : Trading is a Game Of Probability
: Manage Your Risk
: Be Patient
: Every Moment Is Unique
: Rinse, Wash, Repeat!
: Christ is King.
End of stagnation- FALLThe USD has been marginally weaker recently due to lower than expected US inflation figures last week that sent Treasury yields lower and made the market to price in higher chances of a second rate cut by the end of the year.
I am bearish on this pair and hope to see this play out.
What do you think? Follow and like for more ideas like this!!!
USDCHF: Bearish Reversal Confirmed?! 🇺🇸🇨🇭
One of the setups that we discussed on a today live stream was on USDCHF.
The price violated both a neckline of an inverted cup & handle pattern
and a support line of a rising parallel channel on a daily.
The broken horizontal support and a trend line compose
the expanding supply zone now.
With a high probability, the price will drop from that at least to 0.9047 level.
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USDCHF H4 Projection!Price breaks the trend line and closes below. Now, the price retests the trendline and pushes down sharply with an FVG (fair value gap). We expect the rice to mitigate the FVG and then decline further. So initiate short positions partially near the supply and FVG zone after finding a bearish price action structure.
USDCHFUSDCHF price is in an uptrend, currently in a correction phase. If the price can stay above 0.90245, it is likely to rebound. Consider buying in the red zone.
🔥Trading futures, forex, CFDs and stocks carries a risk of loss.
Please consider carefully whether such trading is suitable for you.
>>GooD Luck 😊
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Potential bearish drop?The Swissie (USD/CHF) has reacted off the pivot which acts as a pullback resistance and could drop to the 61.8% Fibonacci support.
Pivot: 0.9093
1st Support: 0.9012
1st Resistance: 0.9152
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. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
SELL USDCHF - Dollar reaction to Trump inauguration Trader Tom, a technical analyst with over 16 years’ experience, explains his trade idea using price action and a top down approach. This is one of many trades so if you would like to see more then please follow us and hit the boost button.
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USDCHF H4 I Bearish ContinuationBased on the H4 chart, the price is approaching our sell entry level at 0.91028, which is a pullback resistance. This level is expected to act as a potential reversal point in the bearish setup.
Our take profit is set at 0.90254, aligning with the 161.8% Fibonacci extension, marking a significant support level and logical target for the trade.
The stop loss is set at 0.91831, above the recent swing high, providing room for price fluctuations while protecting against invalidation of the bearish bias.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
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Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.