USD/CHF Possible Long
Updated
USD/CHF Multiple Time Frame Technical Analysis:
Forecast Scenarios:
A.1- If the Price Bounced from the current level and showed Bullish Action by breaking the level of 0.974 (- Minor Resistance Level -) with a minor Retest.
B.1- If the Price broke below the level of 0.970 (- Resistance Level-) with a Confident retest.
B.2- If the Price broke above the level of 0.973 (- Resistance Level-) with a Confident retest.
-- The Price is supposed to hit the Target Level 1 within the range of 0.978 -- (-- High Risk --)
-- The Price is supposed to hit the Target Level 2 within the range of 0.982-- (-- Normal Risk --)
This trade is a little bit risky, since the price is bouncing in a HISTORIC RESISTANCE ZONE.
Trade Wisely
Note:
- These Forecasts are Observational Forecasts, and should not be used in applying any trading strategies.
- No Hedge Funds Analysis were included in the analysis. (-- Please Consider --)
Forecast Scenarios:
A.1- If the Price Bounced from the current level and showed Bullish Action by breaking the level of 0.974 (- Minor Resistance Level -) with a minor Retest.
B.1- If the Price broke below the level of 0.970 (- Resistance Level-) with a Confident retest.
B.2- If the Price broke above the level of 0.973 (- Resistance Level-) with a Confident retest.
-- The Price is supposed to hit the Target Level 1 within the range of 0.978 -- (-- High Risk --)
-- The Price is supposed to hit the Target Level 2 within the range of 0.982-- (-- Normal Risk --)
This trade is a little bit risky, since the price is bouncing in a HISTORIC RESISTANCE ZONE.
Trade Wisely
Note:
- These Forecasts are Observational Forecasts, and should not be used in applying any trading strategies.
- No Hedge Funds Analysis were included in the analysis. (-- Please Consider --)
Trade active
First Confirmation.Position Opened.
Trade closed: target reached
First Target Met.Second Target Failed.
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