USDCHF Ready to Rally
The chart I have presented you is 1H. But, If you will look on the Daily Chart, there is a Bullish Convergence between the high in July and the high in August.
The high in July was created by an impulse of 3 waves, a strong bullish sign, and the subsequent drop was rapid and currently consists of 2 waves.
The drop may not be over yet, but at the 50% retrace, its a good place to start.
Start looking for longs on USDCHF. I would like to see some bullish movement, and new highs on 1H chart created before I start buying dips.
This plan is valid as long as the low at .943 holds. Target is the 0.985- 0.99 zone.
The high in July was created by an impulse of 3 waves, a strong bullish sign, and the subsequent drop was rapid and currently consists of 2 waves.
The drop may not be over yet, but at the 50% retrace, its a good place to start.
Start looking for longs on USDCHF. I would like to see some bullish movement, and new highs on 1H chart created before I start buying dips.
This plan is valid as long as the low at .943 holds. Target is the 0.985- 0.99 zone.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.