USD/CHF Daily timeframe we have reach out previous support level and on 4h market has given us a hammer candle which indicates buyers are now taking control Longby kenneth_FX0
USDCHF SELL OPPORTUNITY 4HR TIMEFRAMEOverall trend is a downtrend. Candlestick trend break of structure to downside now. Expecting liquidity grab and entry at supply zone (0.89500). Targeting price to break the next lower low order flow (0.88170). Shortby BHSDMV223
USDCHF The Target Is UP! BUY! My dear friends, Please, find my technical outlook for USDCHF below: The price is coiling around a solid key level - 0.8897 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal -0.8946 Safe Stop Loss - 0.8865 About Used Indicators: The pivot point itself is simply the average of the high, low and closing prices from the previous trading day. ——————————— WISH YOU ALL LUCK Longby AnabelSignals226
DeGRAM | USDCHF rebound from supportUSDCHF is moving in a descending channel between the trend lines. The chart bounced off the support and approached the resistance level. We expect the growth to continue after overcoming the current level. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!Longby DeGRAM119
USDCHFThe market is on an uptrend from an unmitigated 1H OB 0.88380 We target our 1HR OB on the upperside 0.89789 as our TP To move our stop loss as the market hits new levels to lock in our profits.Longby FxMarkets_1
USDCHFThe market is on an uptrend from an unmitigated 1H OB 0.88380 We target our 1HR OB on the upperside 0.89789 as our TP To move our stop loss as the market hits new levels to lock our profits.Longby FxMarkets_1
USDCHF: USD May Weaken Against The ClassicHey Traders, in today's trading session we are monitoring USDCHF for a selling opportunity around 0.89500 zone, USDCHF is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.89500 support and resistance area. Trade safe, Joe.Shortby JoeChampion7
Lingrid | USDCHF trend CONTINUATION tradeThe price perfectly fulfills my previous idea. It hit the target. FX:USDCHF has broken through the support level at 0.89000 and the range zone, triggering a significant drop. The market has since rallied back up to this level after impulse move down. If the price forms a rejection candle at this resistance zone, it may indicate that the downward trend is likely to continue. Given that the overall market trend is currently in a downtrend, I expect the price to either fall from this resistance level or re-test the range zone then move down. My goal is support level 0.88415 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻Shortby Lingrid2218
USDCHF: Time To Recover ?USDCHF: Time To Recover ? Price tested a very strong daily support zone near 0.8830 and with that also the USD strength. Yesterday after the ECB rate decision USD showed strength again after 3 weeks of weakness. On the daily chart USDCHF is taking a pause and probably it will get ready to grow again soon as it is shown in the chart. The market may recover ahead of the FOMC meeting that is scheduled for the end of July. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️Longby KlejdiCuni449
usdchfsell setupppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppby Taji4x1
USDCHF High risk Setup 2 directionfrom my analysis, the previous drop are over sold strenght are to pull back before it goes down again , lastly , it will come back upwards. it takes at least 2 weeks time to foam. that was my idea of mapping. dont simply follow whatever i have analysed , we need to see what market respond and react.Longby BKGTrader351
USD/CHF Rebound Keeps RSI Above 30USD/CHF rebounds from a fresh monthly low (0.8820) to keep the Relative Strength Index (RSI) above 30. USD/CHF Rate Outlook Keep in mind, the recovery in USD/CHF takes shape after it failed to defend the June low (0.8827), with the 50-Day SMA (0.8993) now reflecting a negative slope following the decline from earlier this month. Nevertheless, USD/CHF may stage a larger rebound as the RSI moves away from oversold territory, with a move above the 0.8880 (38.2% Fibonacci retracement) to 0.8910 (38.2% Fibonacci extension) region bringing the moving average on the radar. Next area of interest coming in around 0.9030 (38.2% Fibonacci extension) to 0.9040 (23.6% Fibonacci extension) but USD/CHF may struggle to retain the advance from earlier this year should it track the negative slope in the moving average. --- Written by David Song, Strategist at FOREX.com by FOREXcom0
USDCHF: Multiple Rejections, Strong Bullish Leg ExpectedPrice has recently rejected support on multiple occasions, and a double bottom pattern appears to be emerging on the daily (D) timeframe. Additionally, multiple rejections on the 4-hour (4H) timeframe further strengthen our bullish bias. I expect the price to continue in a strong upward trajectory. **Rationale:** ~ Breakout of Descending Channel (D) ~ Retest of Support (D) ~ Break of Uptrend line (D) ~ Double Bottom Pattern (D) ~ Retest of Support (4H) ~ Rejection Candlesticks (4H) **Disclaimer:** My trading ideas are market predictions and therefore should be viewed as such. As an intraday trader (scalper), I use my observations to identify potential trade opportunities on the higher time frames. I then aim to pinpoint key entry points on the lower time frames. Entries should always be verified by additional confirmations. --- #scalping #intradayLongby Forexity114
USDCHFAs for my opinion this will run up to the above zone.. the marked buy zone will be a convenient entry zone. Longby Mntungwa874
USD/CHF Bearish Gartley Pattern Indicates Potential DowntrendThe USD/CHF currency pair is forming a Bearish Gartley Harmonic Pattern, signaling potential downward movement. This pattern is aligning with a key resistance area, adding further confluence to our bearish outlook. Key Resistance and Trendline Confluence: Price action has shown a strong rejection at a key resistance level, which coincides with a downward trendline and the 78.6% Fibonacci retracement level. This confluence of technical indicators strengthens our bearish sentiment for the USD/CHF pair. Entry and Stop Loss: Given the current market conditions and the formation of the Bearish Gartley Pattern, our entry point is set at 0.89442. To manage risk, a stop loss is placed at 0.89864, slightly above the resistance area to account for potential market fluctuations. Take Profit Levels: We have identified three key take profit levels based on historical support areas and Fibonacci extensions: TP-1: 0.89020 TP-2: 0.88598 TP-3: 0.88176 Analysis Summary: The alignment of the Bearish Gartley Harmonic Pattern with the key resistance area, trendline, and the 78.6% Fibonacci level provides a high-probability trading opportunity. The rejection at these confluences suggests potential bearish momentum, making this a suitable trade setup with well-defined entry, stop loss, and take profit levels. Traders should monitor the price action closely around these levels to adjust positions as necessary.Shortby trading_jupiterUpdated 229
USDCHF: Your Trading Plan Explained 🇺🇸🇨🇭 USDCHF looks quite oversold after the yesterday's bearish rally. The price is stuck on a key daily support at the moment. My confirmation to buy the pair will be a bullish breakout of a neckline of a double bottom formation on a 4H time frame. A 4H candle close above 0.885 will confirm a violation. A bullish continuation will be expected at least to 0.8874 then. If the price sets a new lower low lower close on a 4H, the trading setup will become invalid. ❤️Please, support my work with like, thank you!❤️ Shortby VasilyTrader3312
Daily USD/CHF UpdatesHello Traders! UCHF and DXY kept their promise to the seasonal tendencies. Price now is either going to keep trending lower and provide pull backs for shorts.07:00by ForensicForex3
USDCHF long positionsUSDCHF long position, analysis based on trend analysis and oscillatorsLongby HuginFx1
USDCHF: 4-Hour Short Trade around 0.8996/0.90012 ZoneLast week's ICMARKETS:USDCHF price action formed a lower low and close, indicating potential for continued downward movement. The high test bar observed a week prior further supports this bearish sentiment. The daily chart shows erratic price action, particularly last Thursday, suggesting a bearish range. We plan to enter a 4-hourly short trade from the top of this range, specifically at the 0.89962/0.90012 zone, for a better risk-reward ratio compared to the 0.89644/0.8970 zone. We'll wait for the price to reach our level around 0.89962/0.90012 . If it doesn't, we'll remain patient and look for another opportunity rather than rushing the trade. Our stop loss will be placed above 0.90061 to manage risk effectively. The profit target is set at last week's low around 0.89258/0.89161 , aligning with the bearish trend.Shortby its-ahmadUpdated 112
USDCHF LONGUSDCHF Trading Opportunity! BUY! My dear friends, Please, find my technical outlook for USDCHFbelow: The instrument tests an important psychological level 0.88270 Bias - Bullish ——————- Target - 0.88890 ———————— #USDCHF Time Frame : 6H (signal) ——————————— WISH YOU ALL LUCKLongby SANDOVSKI1
USDCHF WILL EXPLODE BUYAlways use breakeven after 20 pips Manage SL during news time, intraday trade tp and sl mentioned not a financial advice Longby ArehmanB0
USDCHF The USD/CHF has hit our selling target and is now exhibiting bullish momentum. The completion of the Elliott Wave 12345 pattern and the formation of a double bottom indicate a reversal. We are now entering a buying position, anticipating an Elliott Wave ABC correction.Longby forex_info4
Potential bullish rise?USD/CHF has just bounced off the support level which is a pullback support and could rise from this level to our take profit. Entry: 0.8827 Why we like it: There is a pullback support level. Stop loss: 0.0.8786 Why we like it: There is a pullback support level. Take profit: 0.8886 Why we like it: There is a pullback resistance level. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group. Longby VantageMarkets6