usdchf has been in a correction for weeks in a overall down trending market. since i understand the phases pf the market i know that after a correction comes an impluse so now ill be waiting on the impulse to the downside. *USDCHF short
In the daily time, it is moving in a descending channel, which according to the previous analysis, I expected a drop to the range of 1.618, which has now corrected below this range, which is approximately 2.618 Fibo of the previous wave. Therefore, if I still expect this correction to continue and the current upward correction can strengthen this scenario, we...
Hello traders! ‼️ This is my perspective on USDCHF. Technical analysis: Here price respected perfectly previous analysis, but for now I expect we to see a pullback price to fill the imbalance lower. Like, comment and subscribe to be in touch with my content!
USD/CHF Retreats Amidst Lower US Treasury Yields The USD/CHF currency pair is currently navigating a complex landscape, marked by a pullback in the US Dollar, potentially fueled by lower US Treasury yields. Despite the initial cheers from hawkish remarks by Federal Reserve officials, the Greenback finds itself facing challenges, with risk aversion sentiment...
USD-CHF was trading along The rising support line But now we are seeing A bearish breakout and The breakout is confirmed So I will be expecting A further move down!
USDCHF is in strong bullish trend and also form bullish flag pattern. Recently the instrument has break through important support zone. Now the price is trading within the bullish flag and seems like it getting ready to break it. Will the buyers took benefits from these bearish confluences?
price broke 0.8650 below as a CHoCH. supply zone for short 0.8663-83, stop loss: 0.8700, target: 0.8565
“The franc is once more overvalued,” stated David Alexander Meier, economist at Julius Baer Group and pinnacle fourth-region FX forecaster in keeping with Bloomberg. Mr. David expects the franc to fall approximately 4% from modern tiers with the aid of using the quit of the yr while the Swiss National Bank (SNB) stops assisting the foreign money. This is extra...
Currently trending Bullish so ideally I would prefer to look for a long once the 4h closes above structure and blue zone with a retest and higher high close on a smaller time frame. Alternatively I would look for a position if the 4 h candle pulls back and rejects from the blue or yellow zones with a 1h bullish engulfing close
Hello traders! ‼️ This is my perspective on USDCHF. Technical analysis: Here we have the confirmation of SH + BOS + FVG pattern. Price firstly raided buy side liquidity with a stop hunt then broke the structure and reacted from imbalance (FVG). I expect bearish price action to the support zone. Fundamental news: Next week is full of news in USA. Firstly on...
OANDA:USDCHF USDCHF (H4) Reacts negatively to the 0.618 Fibonacci zone of the previous down wave. With a bearish red candle, we can execute the order: Sell now at 0.86692 SL at 0.86866 TP1 at 0.86541 TP2 at 0.86364 TP3 at 0.86120 Note: capital management 2%
Is it time for the USDCHF to head lower? Let's look at this pair from a technical perspective. To understand the direction of a pair, we have to first look at the higher timeframes. The monthly, weekly and daily timeframe suggest that this is a downtrend.. It's not a matter of where the trend is headed, because obviously, it's a downtrend.. Since we "know"...
Several Fair Value gabs (4HS above the the Daily). The last confirmation was a 15 minutes Fair value Gap above the the most recent 4H gap
A recent 4h BoS w/clean impulsive nature bullish. We saw a slow retracement, preceded by a multi-day consolidation. Price retraced into the edge of the 4h range for entry.
Trading Setup: There is a Trading Signal to Sell in USDCHF Currency Pair. Traders can open their Sell Trades NOW ⬇️Sell Now or Sell on 0.8697 ⭕️SL@ 0.8721 🔵TP1@ 0.8655 🔵TP2@ 0.8620 🔵TP3@ 0.8548 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk Warning...
Plan for USDCHF for the coming week: I am waiting for the price to trigger my short zone, around 0.874/0.878. Here i will check for divergences on smaller timeframe, to increase my shorts. I placed a sell limit at 0.87650 considering that 0.877 is a strong resistance, and i expect a pullback anyways from there
In the closing weeks of 2023, this pair experienced a significant sell off, plunging nearly 500 pips and breaking decisively below the September low. Reflecting on my July trade idea post, the market movement matched my expectations, though it did peak slightly higher than anticipated. So, what's next? As I mentioned back in July, following the rise above 0.88,...
During the strengthening of the franc, option traders actively gained 'naked puts' levels. To create a spread strategy, traders can add a long position in the underlying asset, resulting in a breakeven call or a spread when selling an out-of-the-money call in the same series. This allows the trader to enter the market with no risk or even a small profit...