When it comes to USDCHF , a while ago, we've seen a strong impulse to the upside. And got rejected from a resistance. Right now price is staying near a supply zone as well. We also seen a multiple rejection from that area as well, which clearly shows the selling strength. Looks like there aren't many support areas till S1. So you could start booking profit from...
Short Call Entry Around 0.93020 With Stop Loss 0.93057 Target Price 1 0.92737 Target Price 2 0.92890 Target Price 3 0.92351 Target Price 4 0.92156
If it breaks through, you should know what to do! :) Please refer to the chart for more information.
SELL USD/CHF Dollar index remain under 100 and the USD is weak across the board. I already have a SHORT USD/CHF trade but I'm adding to it as my in house indicator is flagging a STRONG SELL. This pair looks to be returning to .95 support. WS1 is the first target - expect a bounce there and then further USD weakness.
See chart for illustration. Follow up from earlier publication (see link below)
See chart for illustration as lower time frame update will be posted soon
See chart for illustration ( a follow up to earlier speculation)
USDCHF Let's buy the 0.618% Pullback
USDCHF LIBRA PATTERN INSIDE BAR Also Complete This is a good chance to SHORT USDCHF
Update: Target 1 is hit. Let's see if the price can shoot up to target 2 and so on. Tomorrow will be crucial for USD due to news. Good luck!