U.S. Dollar / Swiss FrancUpdated USDCHF - Catch These Moves đź’¸
On the higher timeframe, USDCHF is within a running flat correction and we are in the C wave. In the C wave, we've seen both A and B waves and now waiting for the C wave to take us back down to the double bottom.
We have 2 fib levels which we are watching: 0.5 and 0.618 fibonacci. Waiting for a rejection during the FED & FOMC for confirmation before shorting USDCHF.
Trade Idea:
- Watch for bearish price action during the USD news
- Enter with stops above the price rejection
- target the double bottom (which is also the -0.27 fibonacci target level)
Do you agree? Leave your comments below!
Goodluck and as always, trade safe!
We have 2 fib levels which we are watching: 0.5 and 0.618 fibonacci. Waiting for a rejection during the FED & FOMC for confirmation before shorting USDCHF.
Trade Idea:
- Watch for bearish price action during the USD news
- Enter with stops above the price rejection
- target the double bottom (which is also the -0.27 fibonacci target level)
Do you agree? Leave your comments below!
Goodluck and as always, trade safe!
Trade closed: target reached
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Forex: t.me/Wicktator
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Forex: t.me/Wicktator
Crypto: t.me/Crypto_Wick
Forex VIP: t.me/WicktatatorVIP_bot
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.
Want more chart ups like this? Click the links below:
Forex: t.me/Wicktator
Crypto: t.me/Crypto_Wick
Forex VIP: t.me/WicktatatorVIP_bot
Forex: t.me/Wicktator
Crypto: t.me/Crypto_Wick
Forex VIP: t.me/WicktatatorVIP_bot
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.