Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.9115). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. USDCHF is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
....
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.9120).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. USDCHF is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic...
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.915). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. USDCHF is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance....
in 4h TF we could see bullish divergent
HH LH created properly while current LH is on the support area with Fibonacci 0,618 as the additional support
now we are waiting for that area to make a swing low for the confirmation to take a buy position
Please share your insight through this ideas, it would be great for my development since i just start in this lovely...
Price is clearly forming a falling wedge pattern hence looking to enter LONG.
Please note
Trade like how the big boys trade (banks and financial institutions).
Do not aim for silly 20-30pips instead look for 90-100 pips and above.
Dont depend on Support/resistance lines because any line you draw with closed eyes will be a support/resistance in the past!
Dont...
there are three confirmation so far for the usd chf market will go up first thing the market first fall to 0.91915 and can make a inverted head and shoulder and go up or the market has a key level below it may touch there and go up or the market has a liquidity hunt and when the market came again to the hunt level or 50% of the candle it will shoot up all the best...
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.9165). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. USDCHF is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
....
