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Usdchfbuy

USD/CHF: The Bulls Are Warming Up – Why You Should Pay AttentionAlright, my fellow chart warriors, it’s time to talk about the USD/CHF and why I think the bulls are gearing up for a serious run. 💪💸 If you’re a bear right now, you might want to grab a seat – this one’s going to sting. Let’s dive into the charts and break it down, George style! 🎯📊 1️⃣ The Big Picture: Bulls Are Back in Town 🐂 Take a look at that inverse head-and-shoulders pattern from October to November. Left shoulder, head, right shoulder – BOOM! We got the breakout, and the price exploded higher. 🚀 This wasn’t just any breakout, my friends. It was a textbook bullish reversal that flipped the entire sentiment of this pair from bearish to bullish. Now? The price is consolidating in a bullish ascending channel, and the bulls are catching their breath before the next big move. 2️⃣ RSI Says: Momentum is Healthy! 📈 Let’s talk about that RSI (Relative Strength Index): We’re sitting comfortably around the 56-60 zone – strong but not overbought. Translation? The bulls still have room to run. 🏃‍♂️💨 No sign of bearish divergence here, folks. The trend is your friend, and momentum is clearly in the bulls’ favor. 3️⃣ Key Levels to Watch 🔍 Here’s where the magic happens: Resistance to Break: 0.8900 – This is the line in the sand. A clean breakout here, and we’re heading straight for 0.9000, maybe even 0.9100. 🚀 Support to Hold: 0.8800 – The bottom of the ascending channel. As long as this level holds, the bulls are still in charge. 4️⃣ The Bullish Scenario: Let’s Paint the Picture 🎨 Here’s what I see happening next: Price breaks through 0.8900 like a hot knife through butter. 🔥 Momentum picks up as the bulls take control, pushing us into the 0.9000 zone. If we get some fundamental tailwinds (think a weaker CHF or USD strength), this rally could get even juicier. 5️⃣ The Setup: How I’m Playing This 🎯 Here’s the game plan: 1️⃣ Buy the Dip: If price tests the bottom of the channel (0.8800), it’s a buying opportunity with a stop just below the channel. 🎣 2️⃣ Breakout Trade: If price breaks and closes above 0.8900, I’m adding longs with a target at 0.9000–0.9100. 🏹 3️⃣ Risk Management: Keep stops tight, folks. A breakdown below 0.8800 invalidates this setup. You’ve got to protect your capital. 🛡️ George’s Hot Take 🔥 The USD/CHF is looking primed for a bullish breakout, and the ascending channel is just the setup we need to ride this trend higher. The bulls are in control, and unless something major changes, I’m betting on them to keep the rally going. But hey, don’t just take my word for it – the charts don’t lie. 📊 Are you ready to ride this wave, or are you still on the sidelines? Let me know what you think in the comments below! Stay sharp, trade smart, and as always, follow the momentum! 🐂🔥 Charts tell the story, my friends. It’s up to you to listen.
Long
by EdgeDotForex
USD/CHF "Swissie" Bank Money Heist Plan on Bullish SideHola ola My Dear, Robbers / Money Makers & Losers, This is our master plan to Heist USD/CAD "Loonie" 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, Use Trailing SL to protect our money. Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low Stop Loss : Recent Swing Low using 2H timeframe Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update. 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 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Long
by Thief_Trader
USDCHF "SWISSIE" Bank Robbery Plan on Bullish SideHola ola Robbers / Money Makers & Losers, This is our master plan to Heist USDCHF "SWISSIE" 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, Use Trailing SL to protect our money. Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low Stop Loss : Recent Swing Low using 2h timeframe Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update. 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.
Long
by Thief_Trader
USDCHF - A Godsend In addition to my longer-term swing trade (if not already a position trade) in the form of a USDCHF long with a profit target of +760 pips, seen here I am also entering a "shorter-term" USDCHF long trade here at 0.83600, with a target of 0.87100. Thus a good +340 pips would be possible here. The probability that the weakness of the USDCHF will also come to an end by the end of the year tomorrow at the latest is exorbitantly high and the CRV at these levels is more palatable than ever. Otherwise, the fundamental reasons remain the same as in the longer-term trade above. -> The SNB will no longer be happy with the current levels of the CHF as soon as it returns from its skiing holiday in the Swiss Alps.
Long
by PrimeTrading
14
FX Wars Episode 5 - The (USD) Empire strikes back!I go long the USD vs CHF here from 0.843. I give the trade a high probability of 80% to be a winner, lets see! Once upon a time in an FX universe far, far away... The (supposedly) evil US(D) empire was pushed to the brink of defeat by the CHF rebellion, but "something" suddenly happened... ...life stirred into the USD again and it was sent back to fulfil its task (the bondage of all other currencies). What that "something" was I will unravel after the (profitable) end of this trade. USD facts: - The market is pricing in almost 7 rate cuts for 2024 -> this is diametrically opposed to the expectations of the FED members, who expect a total of 3 rate cuts for 2024 - Is the market once again too euphoric here and is frontrunning itself with possible rate cut fantasies? -> I would like to leave this question open for now, as I also expect more than 3 interest rate cuts by the FED in 2024 But the fact is: market expectations can only be fulfilled if either A) there is a recession in the USA and or B) inflation permanently falls below the 2% mark CHF view: The SNB is currently on Christmas holiday and is probably letting loose while skiing in the Swiss mountains followed by apres-ski party hits. But as soon as the party is over and the hangover is felt all the harder in the new year, the Swiss National Bank will have a heart attack when it looks at the value of the franc. -> It is now more "overvalued" than it was during the corona crisis, when the SNB had to intervene to actively weaken the CHF - Now these are completely different circumstances under which the SNB has to operate and yet it can be anything but satisfied with the strength of the franc... More on this later in the comments...
Long
by PrimeTrading
2
Will It Plunge Lower or Rally Back To 0.88 ??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, the next downward phase is expected to target the 2015 depeg low. Pinpointing the exact level is somewhat challenging, as different brokers quote slightly varying figures. However, it's likely in the range of 0.80 to 0.83, with 0.83 seeming more probable. This is supported by lower timeframe analysis, where we've seen price repeatedly dip towards this level and then swiftly rebound - a classic sign of seller fatigue and buyers entering the fray. (refer to image below) I anticipate that the pair's next move will be a rebound towards the newly established Weekly SELL zone, which lies between 0.87 and 0.88. Similar to the July movement, this rally might even extend towards 0.89. Given that it's the first week of the year, I'm approaching this pair with extra caution. A swift drop below 0.83, or lower, is not off the table, especially considering the variance in brokers' 2015 depeg low levels. My plan of attack for this pair is wait for a drop back down towards 0.83 and then start build into a position taking signals of my TRFX indicator from the 4hr to 12hr timeframes. Target for this idea will be the Weekly Sell zone @ 0.87 to 0.88. Once there, I'll closely monitor price action to gauge market reaction at this pivotal level. This zone presents a prime opportunity for sellers to re-enter and drive the market down towards the substantial Monthly and Weekly Buy zones ranging between 0.80 - 0.70. Over the next year or so, I expect the pair to descend to these levels. But before that, a short-term rally to the aforementioned levels seems likely, followed by another significant drop, just as I outlined in my July post. Hope you found this interesting, and Happy New Year!
Long
by TheFxAce
17
#USDCHF: Swing trade loading! Patience Pays;)Hello Everyone, hope you all are having a great weekend, quick update on #usdchf. Price have consolidated for couple of week due to low volume in the market. While Chf have been bullish over USD as chf is considered as one of the safe heaven currency index. In this uncertainty time investors have shown more interest toward chf and jpy, therefore tomorrows data will be crucial for this pair future. Like and comment if you agree with the idea.
Long
by Setupsfx_