USD/CHF – Channel Breakdown & Bearish Rejection Setup
🔹 2H Chart by PULSETRADESFX
USD/CHF has broken below its ascending channel structure after multiple rejections at key resistance. Price is now retesting the underside of the broken trendline, presenting a clean break–retest–drop setup.
Sellers stepped in just below 0.80000, and momentum now leans bearish toward the next key demand around 0.79000.
📌 Trade Setup:
Entry: 0.79714
SL: 0.80050 (Above trendline)
TP: 0.78750 (Previous demand zone)
This setup is ideal for short-term continuation traders looking to ride the bearish momentum as structure breaks align with market reaction.
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✅ Confluence Checklist:
Ascending channel break
Bearish retest confirmation
Supply zone reaction near 0.80000
Risk-to-reward > 2:1
Clean structure and price action
📅 July 22, 2025
📊 OANDA Feed | USD/CHF (2H)
#USDCHF #ForexTrading #BearishBreakdown #SupplyZone #PriceAction #TechnicalSetup #TradingView #PULSETRADESFX
🔹 2H Chart by PULSETRADESFX
USD/CHF has broken below its ascending channel structure after multiple rejections at key resistance. Price is now retesting the underside of the broken trendline, presenting a clean break–retest–drop setup.
Sellers stepped in just below 0.80000, and momentum now leans bearish toward the next key demand around 0.79000.
📌 Trade Setup:
Entry: 0.79714
SL: 0.80050 (Above trendline)
TP: 0.78750 (Previous demand zone)
This setup is ideal for short-term continuation traders looking to ride the bearish momentum as structure breaks align with market reaction.
---
✅ Confluence Checklist:
Ascending channel break
Bearish retest confirmation
Supply zone reaction near 0.80000
Risk-to-reward > 2:1
Clean structure and price action
📅 July 22, 2025
📊 OANDA Feed | USD/CHF (2H)
#USDCHF #ForexTrading #BearishBreakdown #SupplyZone #PriceAction #TechnicalSetup #TradingView #PULSETRADESFX
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.