Usdchfsignal
USDCHFThe USD/CHF pair is currently in a bearish trend on the 4-hour timeframe, following a descending trendline and the Elliott Wave 12345 pattern. The price has just touched the descending trendline and completed the 4th wave, indicating a potential move towards the 5th wave. Traders may anticipate further downward movement in line with the ongoing bearish trend.
USD/CHF - Bearish Reversal Anticipated from Key Resistance LevelThe USD/CHF currency pair currently exhibits a Bearish Butterfly Harmonic Pattern. This pattern is significant as it is forming at a key resistance area, indicating a potential reversal in price action. The pattern's completion point, identified as Point D, aligns with a 61.8% Fibonacci retracement level, further reinforcing the likelihood of a bearish movement.
Potential Reversal Zone (PRZ):
Point D, also known as the Potential Reversal Zone (PRZ), is the critical area where we anticipate a reversal from the current uptrend. At this point, the confluence of the Bearish Butterfly Harmonic Pattern and the 61.8% Fibonacci level strengthens the probability of a significant bearish reversal.
Entry, Stop Loss, and Take Profit Levels:
To capitalize on the anticipated bearish movement, we recommend entering a short position at 0.90055. To manage risk effectively, a stop loss should be placed at 0.90175, slightly above the PRZ to allow for minor price fluctuations without triggering an early exit.
Take Profit Targets:
We have identified three take profit levels to gradually secure profits as the price moves in the anticipated bearish direction:
TP-1: 0.89935
TP-2: 0.89815
TP-3: 0.89695
These take-profit levels are strategically placed to capture gains at significant price points, providing a structured exit strategy to maximize profitability while managing risk.
Conclusion:
The formation of a Bearish Butterfly Harmonic Pattern at a key resistance area, coupled with the alignment of the 61.8% Fibonacci retracement level, suggests a high probability of a bearish reversal in the USD/CHF currency pair. By entering at 0.90055 with a stop loss at 0.90175 and targeting the specified take-profit levels, traders can effectively benefit from the expected downward movement.
Disclaimer:
This technical analysis report is provided for informational purposes only and should not be construed as financial advice. Traders are encouraged to conduct their own research and consider their risk tolerance before entering any trades.
USDCHF : Short Trade , 4hHello traders, we want to check the USDCHF chart. The uptrend line has been broken and the price is currently trending down. The price has pulled back to the specified key level and due to this, we are witnessing a drop in momentum in the hourly time frame. We expect this level to act as a resistance level and the price will fall to around 0.88500. Good luck.
USDCHF BULLISH ROBBERY PLAN TO MAKE AND TAKE MONEYMy Dear Robbers / Traders,
This is our master plan to Heist USDCHF Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan,
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday.
USDCHFIntraday bias in USD/CHF stays on the downside for the moment. Rise from 0.8** could have been completed at 0.8**, ahead of 0.** key resistance. Further decline would be seen to 61.8% retracement of 0.8** to 0.8** at 0.8**. For now, risk will stay on the downside as long as 0.8**resistance holds, in case of recovery.
DeGRAM | USDCHF returning to the channelUSDCHF is moving above the descending channel between the trend lines.
The chart has reached the upper trend line and 50% retracement level of the bearish momentum.
The price is moving near the resistance level, which has already acted as a reversal point several times.
We expect a pullback after a retest of the current level.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
DeGRAM | USDCHF between retracement levelsUSDCHF is trading in an ascending channel between the trend lines.
The price is above the support level, which is the midpoint between the 62% and 50% retracement levels of the last bearish impulse.
The current support level has been a pivot point twice recently.
We expect the growth to continue after the support is retested.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
USDCHF - Short from bearish order block !!Hello traders!
‼️ This is my perspective on USDCHF.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look only for short position. I want price to continue the retracement to fill the imbalance higher and then to reject from bearish order block + institutional big figure 0.90000.
Fundamental news: Next week on Wednesday (GMT+3) we have important news in USA, CPI and Interest Rate. Pay attention to the result in order to validate the analysis.
Like, comment and subscribe to be in touch with my content!
USDCHF tm:1hHello traders.
I hope you doing well.
These areas are based on my personal strategy and I will share it with you.
Open a sell position on the supply area or open a buy position on the demand area.
Your entry point, stop loss, and target point are based on money management and the amount of money in your trading account.
But I promise you that by trading in the areas of my trading strategy, you will definitely make a profit, because these areas, although they seem simple, are my experience of 8 years of learning and trading.
I hope you will achieve maximum continuous profit with me by using supply and demand areas.
Good luck traders.
Mohammad Goodarzi
SELL TRADE SETUP ON USDCHFHey Trader,
Check out this analysis on USDCHF.
A long entry plan is best above the intraday support area (leading to the range continuation).
Alternatively, a short trade can be considered if the price breaks below the intraday key zone (support), retests, and resists. A short trade can be considered.
Trade safe.
USD/CHF BUYING at .9036I have rules that I try to stick to when I'm trading but I'm also happy to break them if the conditions are right.
Since early this morning the USD/CHF has sold off aggressively, encouraged by the weak(ish) Prelim GDP that came in 1.3% against 1.2% but it looks like the market was expecting better.
The mood for USD BULLS wasn't lightened 90 minutes later when the Pending Home Sales missed by a distance coming in -7.7% against expected -1.1%.
So all day we've seen USD/CHF sell off, so much so, that the RSI on H1 has been under 30 and even under 20 for some time.
However.
All BULL and BEAR runs must inevitably end at some time and it looks as if USD/CHF BEARS are reaching exhaustion and liquidating their SHORT trades.
I'm in long which is somewhat jumping the gun I'll freely admit and although the ANdean Oscillator is mildly BULLISH on 1m and 5m time frames, we have no confirmation on 15m but I believe its going to happen.
The last 5 candles on 15m have all been doji indecision candles and it would be a surprise if USD/CHF BEARS could drive the price further south from here and the path of least resistance is north.
As we can get a tight STOP just under the low, and the reward is high, this is a trade worth taking.
Target is unknown as this will depend on the price action if we see BUYERS step in from these levels.
DeGRAM | USDCHF decline on the breakoutUSDCHF is moving under an ascending channel.
The price broke through the trend lines and the lower boundary of the channel.
The chart dropped under the support level and broke the ascending structure.
We expect the decline to continue.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
USDCHFThe USD/CHF price action is showing a bullish move on the 4-hour timeframe after breaking out from a double bottom neckline. The recent impulse move has retracmentto 38%, aligning with the key B point. The price appears to be following an Elliott Wave ABC correction pattern, indicating potential further upside.
USDCHF Short Trade Setup A #short trade opportunity recently presented itself on the #dollarswissy (#USDCHF) #trading chart 📉.
This is indicated by the #bearish engulfing candlestick 🕯️ pattern just below the 0.91081 horizontal resistance level.
This indicates a rejection of the same level, with potential price move in the downward 👇 ⬇️ direction (#sell).
Sufficient downward momentum should see price dumping towards the 0.90000 psychological level and possibly testing the strength of the 0.89955 horizontal support level.
As always, please apply appropriate risk management.
Happy trading!
#majorpair
USDCHFThe USD/CHF pair is showing a bearish move in the 4-hour timeframe, having declined over 60 pips, likely completing a 50% retracement of the last bullish impulse. This suggests a potential short-term bearish continuation. However, for the long term, the price may resume its bullish trend once the retracement phase is completed.