USDCHF CORRECTIVE UPSIDE 10 JUN 19
Hello Traders,
We can clearly see UsdChf formed double bottom on major support level @ 0.9860 on short term. As per wave analysis this pattern looks like ABC corrective pattern, Already wave A and B are completed. We can expect wave C upside upto the resistance 1.0010 level.
My Entry:
Side : LONG
BUY @0.9894 -- TP @ 1.0010 -- SL @ 0.9840
We can clearly see UsdChf formed double bottom on major support level @ 0.9860 on short term. As per wave analysis this pattern looks like ABC corrective pattern, Already wave A and B are completed. We can expect wave C upside upto the resistance 1.0010 level.
My Entry:
Side : LONG
BUY @0.9894 -- TP @ 1.0010 -- SL @ 0.9840
Note
My Actual order filled @ 0.98937Note
USDCHF gets support @ 0.9890 to 0.9885 weekly support zone. Price action looks like very choppy, waiting for buyers to push the market upside today....Note
Stop loss readjust to open price...Note
As expected this pair gained more than 40 pips from yesterdays low... I looking trend will continue upto PARITY... Newyork session we can expect upside...Note
Today's SNB Press conference fueling the USD strength to the pair reach the Parity or even higher...
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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.