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U.S. Dollar / Swiss Franc
Long
Updated

USD/CHF Reversal Setup (Read-Caption)

127
🧠 Professional Technical Analysis – USD/CHF 💱
🗓️ Date: May 6, 2025
🕰️ Timeframe: Likely 4H or Daily
📊 Current Price: ~0.82218

🔍 Technical Indicators
🔵 EMA 20: 0.84190 (short-term trend)

🔴 EMA 50: 0.82524 (mid-term trend)

❗ Bearish crossover: EMA 20 is below EMA 50 → short-term bearish bias 🐻

📉 Support Zone Analysis 🛡️
🟥 Key Demand Zone (Support): 0.82084 – 0.81437

🔁 Price has bounced here before 🪃

🕯️ Candles with long lower wicks = buyers stepping in 🧍‍♂️💪

🟠 This is the “bounce zone” 📈

🧭 Trade Idea
✅ Long Entry: Around 0.82084–0.82200

🛑 Stop Loss: Below 0.81437 ❌

🎯 Take Profit: Around 0.83600 🟢

⚖️ Risk/Reward: Excellent (>2:1) if bounce holds 🚀

🔄 Price Action Outlook
📉 Downtrend approaching major support
🕯️ Looking for bullish candlestick confirmation (engulfing, hammer, etc.)
📈 Target area aligns with mean reversion to EMA 20

📌 Conclusion
👀 Watching for bullish reversal signs 🔄

🛒 Buy zone is clearly defined ✅

⛔ Setup is invalidated if price closes below 0.81437

Trade active
snapshot
Trade closed: target reached

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