As you can see that, USDCHF has created a Flag & pole pattern or a good Horizontal resistance, If it gives breakout we can plan for buy side. Always take retest entries. Plan your trade accordingly.....
As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible
THIS WEEK...this week I will draw a parallel between the 1 week chart and the 1 month chart because the month has just ended and I would like to know what to expect...
Hello Trader, Here is the full analysis of USDCHF:
1) Monthly - No significant price action found.
2) Daily - Forming big red candles which shows weakness in the prices.
2) 4Hourly - Currently testing the buy zone/support level and is in between 0 and 0.23 fib level(which is not an important level) .
3) Current retracement level is at 0.5 which is good level...