USDCHF Bearish Rejection from Premium Zone LiquidityTarget0.8793
Overview:
The USD/CHF 4-hour chart displays a well-defined Wyckoff Distribution pattern, suggesting a bearish continuation. Price has rejected from an extreme Premium Zone (0.8990 - 0.9050), indicating that sellers are regaining control. The market is now poised for a potential decline toward unmitigated liquidity levels near 0.8793, which serves as the next key support.
Key Technical Analysis:
Buying Climax: The market experienced an aggressive bullish move before forming a Buying Climax (BC), which trapped late buyers.
Sign of Weakness (SOW): A major SOW (Sign of Weakness) confirms bearish intent, with price struggling to sustain above key resistance.
Change of Character (CHoCH): A confirmed shift from bullish to bearish structure, reinforcing the downtrend.
Extreme Premium Zone: The rejection from 0.8990 - 0.9050 acts as a strong supply area where institutions have placed sell orders.
Liquidity Hunt & Retest: The price recently swept liquidity near 0.8990 and is now testing a previous support zone, which is likely to turn into resistance.
Trade Plan:
📌 Entry: Short near 0.8990 - 0.9000 after a retest confirmation.
🎯 Target 1: 0.8800 (Key psychological level).
🎯 Target 2: 0.8793 (Unmitigated liquidity).
🎯 Target 3: 0.8735 (Deeper bearish target).
🛑 Stop Loss: Above 0.9050 to minimize risk.
The USD/CHF 4-hour chart displays a well-defined Wyckoff Distribution pattern, suggesting a bearish continuation. Price has rejected from an extreme Premium Zone (0.8990 - 0.9050), indicating that sellers are regaining control. The market is now poised for a potential decline toward unmitigated liquidity levels near 0.8793, which serves as the next key support.
Key Technical Analysis:
Buying Climax: The market experienced an aggressive bullish move before forming a Buying Climax (BC), which trapped late buyers.
Sign of Weakness (SOW): A major SOW (Sign of Weakness) confirms bearish intent, with price struggling to sustain above key resistance.
Change of Character (CHoCH): A confirmed shift from bullish to bearish structure, reinforcing the downtrend.
Extreme Premium Zone: The rejection from 0.8990 - 0.9050 acts as a strong supply area where institutions have placed sell orders.
Liquidity Hunt & Retest: The price recently swept liquidity near 0.8990 and is now testing a previous support zone, which is likely to turn into resistance.
Trade Plan:
📌 Entry: Short near 0.8990 - 0.9000 after a retest confirmation.
🎯 Target 1: 0.8800 (Key psychological level).
🎯 Target 2: 0.8793 (Unmitigated liquidity).
🎯 Target 3: 0.8735 (Deeper bearish target).
🛑 Stop Loss: Above 0.9050 to minimize risk.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.