double top can be seen and also the trendline is trying to break
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.9725). 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....
It will shoot up after the testing the X spot which is at fib 61.8 and also have support there ...
its an clear uptrend , was in correction for sometime
Clear touch and rebound of the trend line . Bearish confirmation candle sticks are seen. Stochastic and Momentum are both both indicating a sell. Stop loss of only 20 pips. CLEAR SHORT TILL NEXT RESISTANCE LEVEL .