fib use structure draw set trading1st draw HTF structure for trend find.(month)
and structure draw in day time frame.
minor structure draw in 1 Hr .
u are use fib tool modify premium and discount mode.
USDCHF trade ideas
USDCHF: The battle of 0.9000 - Sell or wait?Hello everyone, Ben here!
USDCHF previously broke its uptrend as the fundamental landscape shifted, and the dollar entered a correction phase. Clearly, sellers are in control, as illustrated on the chart.
Fundamentally, the situation is becoming more complex due to the tariff war initiated by Trump, with European countries responding in kind. Economic risks are rising. Additionally, with rumors of rate cuts from Trump and Powell, the dollar has entered a correction phase, which has had a positive impact on the forex market.
From a technical perspective, the 0.9000 level plays a crucial role, as it represents a strong zone. If sellers manage to keep the price below this level, within the selling zone, it will confirm further downside movement.
I also cannot rule out the possibility of a retest of the previous breakout range before a deeper decline. Emphasizing the 0.9000 level!
Best regards,
Bentradegold!
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 PART 2USDCHF long trade setup PART 2
closed the trade a little early but happy with the setup and execution of this trade.
taken on trading view demo and also ftmo challenge account for a 2% gain.
USDCHF TRAD PART 1USDCHF long trade setup PART 1 there is a 2nd part also.
closed the trade a little early but happy with the setup and execution of this trade.
taken on trading view demo and also ftmo challenge account for a 2% gain.
USDCHF 4H SHORT IDEAOn the USDCHF 1D chart, after moving in a range and making a 3-touch rejection, the price broke out of a higher timeframe channel and pulled back before dropping further, breaking below the previous key level at 0.89105. Now, it is pulling back again.
Since the trendline zone, key level, and Fibonacci 0.618 align at this point, I am planning to open a sell position.
I will wait for price action confirmation on the 15M-30M timeframe before entering.
USD/CHF H4 | Pullback resistance at 38.2% FiboUSD/CHF is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 0.8856 which is a pullback resistance that aligns with the 38.2% Fibonacci retracement.
Stop loss is at 0.8940 which is a level that sits above the 61.8% Fibonacci retracement and an overlap resistance.
Take profit is at 0.8757 which is a swing-low support.
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USDCHF Will Grow! Buy!
Here is our detailed technical review for USDCHF.
Time Frame: 2h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 0.881.
The above observations make me that the market will inevitably achieve 0.885 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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USDCHFBy utilizing Fibonacci retracement levels, historical patterns, , we can formulate a hypothesis that the market might follow a similar trajectory if bearish sentiment prevails.
USDCHF LONG rebound until level 60% fibbonacciUSDCHF, Rebound until level 60% fibbonacci on daily timeframe, this entry is against the trend.
BUYGod First
Minimum Risk Maximum Reward
Action Backed Believe
# faith, strategy, and execution all in one #
USDCHFUSDCHF ( U.S Dollar / Swiss Franc )
Key Points :
1. Break of Structure
2. Demand Zone
3. Point of Interest
4. Bullish Channel
5. Elliot Waves
USDCHF - Update | 500pips DownIdeally I would like to see a nice pullback for a short position, not too interested in any longs. Price is still on track to my latest post on this move.
Could the Swissie bounce from here?The price is falling towards the support level which is a pullback support and could bounce from this level to our take profit.
Entry: 0.8815
Why we like it:
There is a pullback support level.
Stop loss: 0.8749
Why we like it:
There is a pullback support level.,
Take profit: 0.8913
Why we like it:
There is an overlap resistance level that is slightly below the 61.8% Fibonacci retracement.
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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.
USDCHF 4H TimeFrame SellUSDCHF Bearish movements are still going on
after a little correction we expect another bearish movements
USDCHF will be in the Bullish directionHello Traders
In This Chart USDCHF HOURLY Forex Forecast By FOREX PLANET
today USDCHF analysis 👆
🟢This Chart includes_ (USDCHF market update)
🟢What is The Next Opportunity on USDCHF Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Chart
UPDATE ON USD/CHFUSD/CHF 30M - As you can see price has come to completely liquidate the hidden order block I have marked out below, anyone who had a pending order set there should be in the money and profiting well.
With price trading lower to clear that area I am now expecting price to continue pushing us higher, breaking highs and protecting lows. This is a position I will be looking to hold.
This trade is currently running + 50 pips. (+ 3%) 3RR
A big well done to those of you who jumped in on this initially, please make sure you are taking partials and applying safety measures with your positions.
If you have any questions with regards to the analysis or the trade itself drop me a message or comment below and I will get back to you as soon as possible! Big up to all of you!
CPI bases trade idea based on opposite correlation from pairs in my watchlist in bullish for USDCHF using this CPI as the driver
UC correction let's watch and see if UC will break through the base trend line and go upward to the resistance trendline.
If it does then be ready to place a bet on it 😌
USDCHF BUY 0.8800-0.8820On the daily chart, USDCHF stabilized after testing the previous demand zone. The current market closed in a pinbar pattern, and the market may start to rise in the future. Currently, you can consider buying in the 0.8800-0.8820 area, and the upward target is 0.9034.
USD Weakens as Fed Cuts Loom, Safe-Haven CHF GainsMacro:
- Economic concerns in the US, including slowdown risks and trade policy uncertainties, have weakened the US dollar against the swiss franc, benefiting from its safe-haven status.
- Traders expect 0.75% in Fed rate cuts this year, with a Jun cut fully priced. Investors now await Wed's US inflation report for further cues.
- Meanwhile, net long dollar positions in currency futures markets have significantly dropped from Jan's nine-year high, which may reduce the further extreme reallocation away from USD.
Technical:
- USDCHF bounced after reaching the support cluster of 0.8770-0.8800, which coincides with the 100% Fibonacci Extension. The price is below both EMAs, indicating persistent bearish momentum.
- If USDCHF remains above the support area of 0.8770-0.8800, the price may retest the resistance area of 0.8900-0.8915.
- On the contrary, a closing below 0.8770 may prompt a continuous decline to retest the following support area of 0.8617-0.8650, confluence with the 161.8% Fibonacci Extension.
Analysis by: Dat Tong, Senior Financial Markets Strategist at Exness
