UPDATE ON USDCHF ANALYSIS - 1H CHART
Updated
Hey traders,
I linked my previous analysis on USDCHF in this idea published so you see the full idea.
By now we are getting uptrend impulses so my next trade is a buy; however, if market starts making an ending diagonal pattern I will plan a sell at the breakout.
Carlos
I linked my previous analysis on USDCHF in this idea published so you see the full idea.
By now we are getting uptrend impulses so my next trade is a buy; however, if market starts making an ending diagonal pattern I will plan a sell at the breakout.
Carlos
Note
confirmed uptrend move, looking for buys by now but the good trade is the sell at the end of the corrective structureNote
Nice 1H flag which you can trade up. You can look for a short term trade and then start looking for the reversal.Note
We have a slow move down, I am sure it is a corrective move, so still watch for a buy inside the structure as a short term trade. If it brakes structure downtrend by the lower line then we will plan a sell.Note
We had a fast reversal in 1H chart from the top of the structure. Look for a flag to SELL, since we may finally get the downtrend impulse. If not we will keep selling from the top of the structure (upper trendline)
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.