1H timeframe excecution..... Sell in resistance buy in support trading is simple as f^^*.
We can see clearly that we engulfed previous week. That means that 0.7400 is inevitable. Daily wait for a retracement, sell around 0.7550 cuz it's a zone when all sell orders were made. Follow for ronizfx for more analysis.
Weekly we engulfed 2 previous weeks, couldn't break key level 109.193 If we see daily we can see that we engulft 12 previous days, and we broke the MA with bearish engufling, also monthly we closed as Doji. I'll wait for a retracement before making an entry. Tp: 107.000
3 drives to the high 4h ---- rejection. Daily uncertainty. 270 pip target. Here we go. DAILY POTENTIAL H&SH Daily Target.
CADCHF 0.76115 ------ Curical level of rezistance. Daily 3 pin bar, wait for another retest of that zone and for cad news.
Listen guys, for Swing Trade always look for the Weeky Candle Closer. If we see the weekly chart in USDCHF we can see clearly we rejected multiple times 1.000 level (crucial level for the pair) and we ended with a bearish englulfing ( marubozu candle) a big one. My directional bias for this pair is Bearish , wait for a daily retracement I'm looking forward to sell...