USD/CHF Weekly Trade setup August 22, 2022
Bolinger Band & MA:
the price is entered the sell zone of last week, however the price also hits on weekly BB lower line and MA 50. expecting a stronger bounceback
, breaktru sell zone of last week and make its way to 1.000
Gann Fan:
looking at the weekly and monthly gan fann, current price at 3/1 line area. looking forward for the price to breakthrough current resistant on 1.0000 and go even higher to 1.05 in the recent future.
we looking for the price to go higher but for entry wise, we are going to start to place sell order by phase when the price go higher. plan your stoploss, and have a backup plan.
the price is entered the sell zone of last week, however the price also hits on weekly BB lower line and MA 50. expecting a stronger bounceback
, breaktru sell zone of last week and make its way to 1.000
Gann Fan:
looking at the weekly and monthly gan fann, current price at 3/1 line area. looking forward for the price to breakthrough current resistant on 1.0000 and go even higher to 1.05 in the recent future.
we looking for the price to go higher but for entry wise, we are going to start to place sell order by phase when the price go higher. plan your stoploss, and have a backup plan.
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.