**USDCHF Analysis** I utilized **Fibonacci retracement** and **Fibonacci extension** levels to identify potential entry points and targets. Based on the current market structure, **USDCHF** appears bearish, with the price respecting key Fibonacci levels and forming lower highs. Targets are aligned with the 127.2% and 161.8% Fibonacci extensions, suggesting...
"Capturing Market Opportunities: The 'Weekly Demand with Daily Confirmation' Strategy In trading, the 'Weekly Demand with Daily Confirmation' strategy merges long-term trends with short-term precision for optimal decision-making. It involves: Weekly Demand: Identifying enduring demand trends on weekly charts. Daily Confirmation: Validating weekly trends with...
(1) 1st Weekly Close 2 Touch Trend Line Break: Idea: This concept involves observing a trend line on a weekly chart that has been touched by the price at least twice. The idea is to look for a breakout, specifically focusing on the weekly closing prices. Description: Identify a trend line on the weekly chart that has been touched by the price on at least two...
Price will fall , after touch the DP(Decesion point)
Cup and handle pattern in daily demand zone. after breaking 15 min handle , goof to go for long.
will react from Demand zone for the target , Pure Price Action