USDCHF is showing bearish potential on the 4-hour chart, with price testing a downward trendline as resistance, converging near a good entry point and resistance zone, setting up for a possible downside continuation if sellers regain control amid recent consolidation. This alignment suggests weakening upside momentum in the safe-haven pair. Entry zone between 0.8051-0.8061 for a short position. Target at 0.7988 near the support zone, providing a risk-reward ratio of approximately 1:2. Set a stop loss on a close above 0.8084 to safeguard against a reversal. 🌟 Watch for confirmation via a rejection at the entry with increasing volume, driven by USD dynamics against CHF.
Fundamentally, today we have the US PCE annual and monthly indices, released on October 31, 2025, at 12:30 UTC, which could influence USD strength. Additionally, on November 3, 2025, Switzerland's Consumer Price Index will be published, potentially creating volatility in this pair. 💡
📝 Trade Plan:
🎯 Entry Zone: 0.8051 – 0.8061 (short setup near resistance & trendline)
❌ Stop Loss: Close above 0.8084
✅ Target: 0.7988 (support / take profit zone)
💎 Risk-to-Reward: Approximately 1:2, ideal for a clean technical play.
What's your take on this setup? Share below! 👇
Operación activa
Trade was activatedOperación cerrada: precio stop alcanzado
Stop reached because a daily candle was closed above 0.8084. However, I waited for reaching to my target, and I earned good profit, but I should be honest, and I should tell you truth.
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Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.