USDCHF is forming a false breakdown of range support and uptrend, which opens the market to buy potential. CHF is weakening stronger than the dollar and this could support the uptrend.On D1, the price tested the MA-50 ascending average with a false breakdown, as well as a strong support area at 0.900. Liquidity capture and candlestick set-up form the price reversal and bullish momentum, which, from the point of view of trading inside the range, can lead the price to the upper boundary - 0.9216
Resistance levels: 0.910, 0.915, 0.9216
Support levels: 0.9075, 0.900
A break through the nearest zone 0.910 will accelerate the price strengthening. The bullish trend may continue.
Regards R. Linda!
Trade active
Trade active
An impulse from trend support is starting to formTrade active
Interim target reached
+50 pips!
Trade active
A quick retest of 0.9152 resistance is forming. A breakout with further growth to the target 0.9216 may take place in the nearest future.
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(don't copy, click on the links!)
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🧿 Web: rlinda.com
🔴Contact: t.me/RLindaSignals
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🌹TRADING is a CASINO💔!?
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: t.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: t.me/RLindaSignals
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: t.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: t.me/RLindaSignals
Related publications
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.