Usdchftrade
a closeup in the 30 min TF of the usdchfwe see a perfect 5 wave pattern that is completed. it started at the wave 2 rejection on the .50 level of the fib.
level for has the support of the -0.27 extension level of the Fibonacci. we are at a zone where we can develop an ABC pattern to
make a natural correction. with the FOMC on the mind, we are open for some wicks and more downside movement.
#USDCHF, We are before a serious declineThe candles are located under the Ichimoku cloud.
The candles are placed below the average moving lines 100, 200.
The USDCHF broke the support line by $ 0.9656
All signs show a continuing weakening of the USDCHF so our recommendation will be Sell.
Target: 0.9340
USDCHF Market Outlook | Daily Forex Market BreakdownUSDCHF
The Swissie is Looking amazing. As previously anticipated we have pushed to the downside nicely but now support seems to be holding very well. I like how this looks a lot. Possible trades soon but I believe we shouldn’t get in yet we need to remain patient and wait for a clean entry.
#USDCHF, Ideal time to buyThe USDCHF stopped exactly at the support line at 0.965 and the declines were stopped.
The USDCHF is on the rise.
The RSI has dropped to the 33-point area that it points to Oversold, and 2 times before the indicator has dropped to this area, the USDCHF has averaged 400 pips
Target: 0.9820