Week 3 - USDCHF - FIB - Bullish - Buy LimitWeek 3 Assignment (Trendline) - USDCHF - FIB - Bullish - Buy Limit
USDCHF trade ideas
Sell usdchfStrong sell still expected
Wait to break the support trend then enter in sell after confirmation
Trade with caution
USD/CHF - Weekly Outlook Welcome traders.
USD/CHF is gifting us with some very nice clean Market Structure. Not to speak to soon but let me explain my theory..
Higher TF shows we are close to a supply zone. Price has multiple times pushed price down for a big sell off 3 times now.. except we haven't seen a Higher TF Liquidity Sweep. This to me tells me we still are Bullish and need to have a large Bullish movement to close off above the Buy side Liquidity to claim. Price has also failed twice now to break Structure to the sell side in theory telling me buyers are still currently in control
4H- This TF shows in more details the amount of Liquidity sitting higher and that second Line is where I would like to close above before seeing any signs of a reversal.
Recently price has had a CHoCH and we are now looking for our Buy setup. Price has had a confident run before market Closure leaving behind Imbalance to fill.
I see two Demand zones 1 being within a 1H TF and the second being deeper in this Daily Range. Price needs to return to the Discount zone. As noted I will be looking for strong Buys once price has made 15-30 Bullish CHoCH once we have returned back into the Imbalance
Good Luck to all the traders that decide to follow and be sure to comment to share your thoughts
Possible Bearish Market on USDCHFUSDCHF has been moving between support and resistance levels thereby creating a sideways movement on daily and weekly timeframes, also creating some flag patterns, currently, there is a potential sells on weekly and daily timeframes,
we might see a little movement up to the resistance zone at 92081, creating a triple top pattern before starting the downward movement again.
let's watch out for the market this week.
like and share your opinion
SellMonthly double bottom in play llet wait for break and retest of that stron resistant and buy to our supply zone then we sell
USDCHF Wave Analysis – 7 February 2025
- USDCHF reversed from support zone
- Likely to rise to resistance level 0.9185
USDCHF currency pair recently reversed up from the support zone between the round support level 0.9000 (which also stopped the previous correction (2)), lower daily Bollinger Band and the support trendline from December.
The upward reversal from this support zone created the daily Japanese candlesticks reversal pattern Piercing Line.
Given the clear daily uptrend, USDCHF currency pair can be expected to rise to the next resistance level 0.9185 (which has been reversing the price from May of 2024, as can be seen below).
USDCHF DAILY TRENDLINElooks like usdchf can break daily trendline if so huge move
nfp pumped usdchf into huge supply
if usdchf rejects this i can expect a huge move to the demand
USDCHF ShortShorting USDCHF with 8 pip stop loss, and a 85 pip target, hopefully we can meet out target by the end of the day!
UsdChf sell Insight Maybe not today maybe it is going to be the coming week. I'll be patiently waiting for price to come to my point of interest at 0.91062 to short this pair.
I select that zone due to wanting to sell at the Premium zone. I might get tagged or not doesn't matter.
Kindly boost of you find this insightful 🫴
USD/CHF may rise to 0.90809 - 0.90971Preference:
Long positions above 0.90441 with targets at 0.90809 and 0.90971 in extension.
Alternative:
If price stays below 0.90441 look for further downside with 0.90193 & 0.90018 as targets.
USD-CHF Bullish Bias! Buy!
Hello,Traders!
USD-CHF is trading in an
Uptrend and the pair just
Made a rebound from the
Round horizontal support
Level of 0.9000 so we are
Bullish biased and we will
Be expecting some
Further growth
Buy!
Comment and subscribe to help us grow!
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Bearish drop?The Swissie (USD/CHF) is rising towards the pivot and could drop to the 1st support.
Pivot: 0.9080
1st Support: 0.9011
1st Resistance: 0.9151
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USDCHF H4 | Falling from the 38.2% Fibo?Based on the H4 chart, the price is approaching our sell entry level at 0.90806, which aligns with a pullback resistance and the 38.2% Fibonacci retracement level. This level is expected to act as a potential reversal point for a bearish move.
Take profit at 0.90253, where buyers may step in near a previous demand zone.
The stop loss is at 0.91282, slightly above the 61.8% Fibonacci retracement, providing a stop-loss level that allows room for price fluctuations while maintaining a bearish bias.
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getting bulishafter having clear divergence and also revercal pattern buy stop order has been placed calculate your account size risk and reward mentioned,
tp1 hit move sl to entry point
USDCHF BUY ANALYSIS SMART MONEY CONCEPT Here on Usdchf price form a demand around level of support of 0.90194 and is likely to continue going up so trader should go for long with expect profit target of 0.90878 and 0.91501 . Use money management
Bearish reversal off 38.2% Fibonacci retracement?USD/CHF is rising towards the resistance level which is a pullback resistance that aligns with the 38.2% Fibonacci retracement and could drop from this level to our take profit.
Entry: 0.9081
Why we like it:
There is a pullback resistance that lines up with the 38.2% Fibonacci retracement.
Stop loss: 0.9148
Why we like it:
There is a pullback resistance that lines up with the 78.6% Fibonacci retracement.
Take profit: 0.9008
Why we like it:
There is an overlap support level.
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USDCHF trade IdeaUSDCHF was on a downtrend before but then reversed and broke structure. It's now giving us what seems to be a head and shoulders. Anticipating for the market to continue going to the upside
BEARISH APPROACHThe below is just my view take it with a grain of salt and trade responsibly.
CHF performance has been gradually increasing over the month
Price has reduced momentum to the upside and using the Elliot wave theory we may see a potential retracement
The current volume activity could be one of supply kicking in. Nothing fancy to go about according to me
UPDATE ON USD/CHF ANALYSISUSD/CHF 1D - Back with another update for this pair, as you can see price has pulled back nicely. It seems as though we are quickly approaching our area of interest and can begin looking for short entries.
As we know an entry will be confirmed once price trades in, rejects well and breaks structure fractally to the downside giving us what we need in order to execute a position.
The trade above is running + 47 pips. (+ 4.7%) 4.7RR
The above trade was not given as a signal, however the prior analysis of a reversal and move to the upside was given yesterday morning, I am just displaying the potential returns from any longs placed.
Well done to anyone who bought in and anyone who is preparing to for the short opportunity, any questions drop me a message or comment below!
Lingrid | USDCHF waves Between SUPPORT and RESISTANCE levelsThe price perfectly fulfills my previous idea. It hit the TP. FX:USDCHF market is currently oscillating between the 0.9000 and 0.9200 levels. After retesting the resistance zone, the price pulled back and bounced off the psychological level at 0.9000. Given that the overall trend remains bullish on the daily timeframe, it's likely that the current sideways movement will continue rather than reverse. I anticipate the price to move higher from the support level, as it has been respected twice before, suggesting a potential foundation for a future upward move. My goal is resistance zone around 0.90940
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
