Potential Long setup on USDCHFPrice has formed his falling wedge. Waiting for a breakout and a retest before going long.
Usdchfanalysis
USDCHF-LONGHey Everyone, Hope you all having a profitable week, this is a little contribution; so USDCHF have consolidated for long period now and we have been expecting price to create a bullish impulse. However, price have failed to breakthrough, if DXY reverse we may see at least 500 pips setup if not more. Let's not miss the big move.
What you all think?
USDCHF Rebound Ahead! USD-CHF is retesting the support level at 0.92200
So we are locally bullish biased
And I think that we will see
A local bullish rebound
USDCHF top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
USDCHF 16 JanPair : USDCHF ( U.S Dollar / Swiss Franc )
Description :
Following Consolidation Process in Long Time Frame and Making the Corrections in Symmetrical , Bearish Channel , Consolidation
Following Bearish Channel in Short Time Frame and Rejecting from the Upper Trend Line
Completed " 1234 " Wave and it will make " 5th " at the Support Level
Divergence
usdchfAs you can see, the trend is in an uptrend ... With the end of the C wave, one can expect more price growth ...
USDCHF, Expecting Up Move Before DownUSDCHF, i am Expecting Up Move Before Down because this wave will lead USDCHF upside till order block to take liquidity.
USDCHF SELLThe market of USDCHF will remain bearish. The market of USDCHF will be bearish till it will below the trendline. Every rejection from trendline will be the best opportunity to sell it.
USDCHF : Long Trade , 1hUSDCHF buy Entry : 0.92600
Stop : 0.92120 , Target1 : 0.93090 , Target2 : 0.93550
Risk/Reward Ratio : 2
USDCHF LONGBoth sides grab, now the price has reason to goes UP.
If you like my ideas, comment and like for it.
Check me out for more info.
USDCHF (LONG) 🔥🔥🔥ENTRY OPPORTUNITY
Risk Disclaimer:
Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in this analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck
The USDCHF attempts to recover – AnalysisThe USDCHF pair provided clear positive trades yesterday to test the key resistance 0.9370, accompanied by witnessing clear positive signals through stochastic, to form negative pressure that makes us suggest witnessing negative trades today followed by heading towards 0.9295 and 0.9215 levels as main negative targets.
Therefore, the bearish bias will be expected in the upcoming session conditioned by the price stability below 0.9370, as breaching this level will push the price to achieve additional gains and test 0.9435 before any new attempt to decline.
USDCHF - CURRENT SITUATION#USDCHF
- At this point, USDCHF is going down a bit. But with US PMI DATA and LABOR DATA being POSITIVE, USDCHF was BUY until last Friday. And FED UPDATES were very NEGATIVE. Hence, the CHF automatically rose against the USD in the previous days. Anyway, SWISS NATIONAL BANK has come out of NEGATIVE RATES. Anyway, RETAIL SALES POSITIVE came in US.
- Currently, the MARKET is becoming RISK ON and USD is a bit WEAK because of that. Anyway, the FED MEETING is scheduled to be held today. Yesterday US CPI data was NEGATIVE. That's why USD was WEAK yesterday.
- There is definitely a high chance that USDCHF will go UP a little more and move to the 0.9343 LEVEL. US CPI DATA is scheduled to be released today. It will definitely make USD PAIRS VOLATILE. Anyway, USDCHF price can go down to 0.8899 level after FED EVENT. We focus on MARKET UPDATES and MARKET SENTIMENT. Follow the given MARKET STRUCTURE.
$CHF - Trade idea!$CHF - Trade idea!
A break to either direction!
Have a great day ahead,
Trade Journal
USDCHF top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
USDCHF good buy opportunity Usdchf broke sell resistance trend line and now coming to test resistance as a support.
And here is a horizontal support area at same level.
If market reject here you can buy.
Risk is small and reward is high.
Trade safe and must use SL.
USDCHF seems BullishThe market of USDCHF is moving outside the Trend line. I believe it will fall to its trend line to take support and then it will rise.
USDCHFUSDCHF ( U.S Dollar / Swiss Franc )
Rising Wedge in Long Time Frame
Falling Wedge as a Corrective Pattern in Short Time Frame and Completed the Breakout and Retracement of the Upper Trend Line
Break of Structure but didn't Completed the Retracement
Impulse Correction Impulse
Divergence
S / R Level . Demand Zone
USDCHF - BUY TRADE (LONG)Hi Everyone, I'm looking to buy (long) USDCHF since it has broken the bearish structure and it is currently trading above the order block created.
I'm not rushing to buy it as we have got some news release later today, but I think this could be an awesome Risk:Reward trade.
SL should be below structure, around 0.9200
and TP could be above 0.9500
Let me know your thoughts!
USDCHF Idea H1Happy new year 2023! Here is my view for USDCHF on H1. The price could go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
USDCAD: Buy the dip strategy in short termHi everyone!
From a technical point of view on main time frame the trend still remains bearish, but at the same time we think that USD/CAD pair could trigger a bullish consolidation on one hour chart, let's look at what will happen in the next few hours and if the conditions are met, we will publish also some updates on intrady chart.
Technically speaking, our strategy is simple: "Buy the dip"!
Thanks for your support, Like & Comments and I hope to be helpful! 💖
Trade with care!
Anonymous Trader
USDCHF : Long Trade , 1hUSDCHF buy Entry : 0.92678
Stop : 0.92155 , Target1 : 0.93210 , Target2 : 0.93732
Risk/Reward Ratio : 2
USDCHF BUY LONG The USDCHF, also known as the “swissie” is the fifth most traded currency in the Forex market. It is considered to a safe haven pair due to its stability and neutral character of Switzerland and is a reserve currency used by markets worldwide.
