Marenno

USDCHF LONG ENTRY LEVELS, US SESSION + 1ST HOURS OF ASIAN

Long
FX:USDCHF   U.S. Dollar / Swiss Franc
More chances for a bullish continuation, what is confirmed by a recent multi time frame price action research, and important level zones








NEXT WEBINAR (LONDON TIME): 21/07/16 06:00 www.youtube.com/watch?v=ngpNcVuO...

How to use levels - 1. Wait till the level is reached, 2. Reversal pattern, 3. Confirmation , 4. Entry, 5. Target (intraday) is a last level on the direction mentioned with arrows.







Currently there are no clear patterns on a chart (it doesn't mean that there are no level limit entries and places for stop entries)

We also have to review the range of the closed period comparing to the previous set of periods, hours, weeks, months, etc... Here, I'm showing you a range compared to 6 and 3 previous periods, NR means Narrow range, WR means wide range, the number displays a total periods reviewed, if the NR is displayed, high possibility of the range expansion, in WR case it can be opposite. at the moment here's the situation:
1H NR4
1H NR7
4H WR4
4H WR7
1W NR4

Also I have decided to share a Levels, that take time to count, and you can use them as a bounce levels in a direction you trade:
Option level R4 1.01523
Option level R3 1.00502
Option level R2 0.99999
Option level R1 0.99006
Option level S1 0.98531
Option level S2 0.97565
Option level S3 0.97090
Option level S4 0.96155

Session (current session only) levels:
r3 0.99579
r2 0.99299
r1 0.99018
p 0.98763
s1 0.98482
s2 0.98227
s3 0.97946

I really hope that sharing of my routine with you, will help you in your trading.

Also I really hope that in respect to my hard work, you will take time to use the data I share, you will put the levels on a chart, and will apply it to your trading.

Sincerely
Arturs Jermolickis
arthur@marenno.com
skype: marenno.business
A short - government required disclaimer:
I’m not providing any advice, and I do not guarantee any profit. What you see here is only a share of my view of the market.

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.