USDCHF - Bearish Bat/ Alternate Bat
Have not been active in the English portal of TV for awhile, I hope I still have some followers watching my analysis.
Today, I'm sharing about my view that the USD rebound will continue.
USDCHF is a good way to play the strength, with my eventual targets for the rebound to end either at the bat pattern around 0.94 or the bearish alt bat pattern around 0.9520-0.9530.
This likely means we haven't seen the last of the stock market correction with DXY looking to establish higher levels in the coming days.
Therefore my conclusion for this week is to short XXX/USD on rebound or to long usd/XXX on pullback to support.
Good luck and good trading my friends!
Today, I'm sharing about my view that the USD rebound will continue.
USDCHF is a good way to play the strength, with my eventual targets for the rebound to end either at the bat pattern around 0.94 or the bearish alt bat pattern around 0.9520-0.9530.
This likely means we haven't seen the last of the stock market correction with DXY looking to establish higher levels in the coming days.
Therefore my conclusion for this week is to short XXX/USD on rebound or to long usd/XXX on pullback to support.
Good luck and good trading my friends!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.