USDCHF ____ INCOMING BULLISH EXPANSION
Hello guys,
If you follow me already, you will know that I get my directional bias from the dollar index. In my previous post on the dollar (inserted below) I stated that I am bullish on the dollar which would mean I am bearish on USDCHF.
As you may see on my chart, I expect the price to run into my POI after inducing early buyers as marked on the chart before the continuation of the bearish move from last week.
You will also notice that we have sell-side liquidity just inside the POI and also a daily FVG which will draw price to it.
If you like this, check out my profile for more.
DXY ANALYSIS
EURUSD ANALYSIS
GBPUSD ANALYSIS
Cheers,
David
If you follow me already, you will know that I get my directional bias from the dollar index. In my previous post on the dollar (inserted below) I stated that I am bullish on the dollar which would mean I am bearish on USDCHF.
As you may see on my chart, I expect the price to run into my POI after inducing early buyers as marked on the chart before the continuation of the bearish move from last week.
You will also notice that we have sell-side liquidity just inside the POI and also a daily FVG which will draw price to it.
If you like this, check out my profile for more.
DXY ANALYSIS
EURUSD ANALYSIS
GBPUSD ANALYSIS
Cheers,
David
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