USDCHF Moves Higher As Expected And Hits Targets

Forex

Economic

Summary:

On January 30 2026 our clients was expecting for USDCHF to push higher to terminate red wave c, red wave y, blue wave (iv).

The first chart below was published in our private members area and clearly shows the Elliott Wave count was calling for the red wave c push higher.

The second chart is my buy entry. When the USDCHF pair tagged the bullish FVG zone (Gray Box) I entered the buy trade at 0.7667 with a 29 pip stop loss at 0.7638 and a take profit target at the 2R 0.7725.

Added confirmation for the buy entry was the bullish divergence market pattern (Pink) which formed at the red wave x termination.

USDCHF 1 Hour Chart January 30 2026

USDCHF moves higher and hits 2R target at 0.7725 where I closed buy position for +58 pips and a +2% profit gain. (Risking 1% on every trade)

A trader should always have multiple strategies all lined up before entering a trade. Never trade off one simple strategy. When multiple strategies all line up it allows a trader to see a clearer trade setup.

We at EWF never say we are always right. No market service provider can forecast markets with 100% accuracy. Only thing we at EWF 100%, is that we are RIGHT more than we are WRONG.

Of course, like any strategy/technique, there will be times when the strategy/technique fails so proper money/risk management should always be used on every trade.

Source: Elliott Wave Forecast

To stay updated on all economic events of today, please check out our Economic calendar

Risk Warnings and Disclaimers

You understand and acknowledge that there is a high degree of risk involved in trading. Following any strategies or investment methods may lead to potential losses. The content on the site is provided by our contributors and analysts for information purposes only. You are solely responsible for determining whether any trading assets, securities, strategy, or any other product is suitable for investing based on your own investment objectives and financial situation.

Risk Disclosure

The risk of loss in trading financial instruments such as stocks, FX, commodities, futures, bonds, ETFs and crypto can be substantial. You may sustain a total loss of the funds that you deposit with your broker. Therefore, you should carefully consider whether such trading is suitable for you in light of your circumstances and financial resources.

No decision to invest should be made without thoroughly conducting due diligence by yourself or consulting with your financial advisors. Our web content might not suit you since we don't know your financial conditions and investment needs. Our financial information might have latency or contain inaccuracy, so you should be fully responsible for any of your trading and investment decisions. The company will not be responsible for your capital loss.

Without getting permission from the website, you are not allowed to copy the website's graphics, texts, or trademarks. Intellectual property rights in the content or data incorporated into this website belong to its providers and exchange merchants.

Recent Searches

Top Searches

Markets

Analysis

User

24/7

Economic Calendar

Education