USDCHF

By EmilShakaryan
Updated
This pair is very interesting as far as it shows kind of a crisis barometer, normally CHF is used as a safe haven so when something is going badly we can usually see an inverse situation when US dollar gain against almost everything but losses positions with Franc and Yen

Two scenarios I'm getting prepared with USDCHF:
1. Yellow: here we can have some enlargement of a correction after the uptrend impulse in March, after which we would also looking for a reversal;
2. Green: so in the case the correction is already done, we would see a bullish movement.

Personally, I will take the yellow scenario and let's see how it will work out.

Trade closed manually
looks like the movement can change, we have the majority of the profit, so I close it here.
For up movement not really ready now, I will add another idea later.
Chart PatternschfdollarDXYdxyshortfrancswissswissfrancTrend AnalysisWave Analysis
EmilShakaryan

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