USDCHF ____ INCOMING BULLISH RALLY
Hello Traders,
I'd keep this simple... Price traded into a strong demand level and on the weekly timeframe, a CHOCH is evident (look at your weekly timeframe).
Last week, the price hunted the trendline sell-side liquidity and I speculate that the price could trade to the daily order block just below sell-side liquidity (equal lows).
Also, the dollar index also gives a view that the dollar will rally which supports the view on USDCHF.
Follow me for more updates.
US DOLLAR INDEX ANALYSIS
https://www.tradingview.com/chart/USDOLLAR/a2wwuSkq-US-DOLLAR-INDEX-INCOMING-BULLISH-RALLY/
Cheers,
Jabari
I'd keep this simple... Price traded into a strong demand level and on the weekly timeframe, a CHOCH is evident (look at your weekly timeframe).
Last week, the price hunted the trendline sell-side liquidity and I speculate that the price could trade to the daily order block just below sell-side liquidity (equal lows).
Also, the dollar index also gives a view that the dollar will rally which supports the view on USDCHF.
Follow me for more updates.
US DOLLAR INDEX ANALYSIS
https://www.tradingview.com/chart/USDOLLAR/a2wwuSkq-US-DOLLAR-INDEX-INCOMING-BULLISH-RALLY/
Cheers,
Jabari
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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.
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.