Get started
UGTraders

USDCHF - BUY above the resistance!

Long
U.S. Dollar / Swiss Franc (FX:USDCHF)  
UGTraders Updated   
FX:USDCHF   U.S. Dollar / Swiss Franc
Trend Analysis Chart Patterns Wave Analysis USDCHF signals
18
2
trendanalysis chartpattern waveanalysis usdchf signals
USDCHF today penetrated important resistance level, and as fast as it penetrated the previous resistance stopped to form another resistance!


currently, the market can't show any REAL momentum into the Bearish side,
If the market kept on this low bearish momentum and penetrated the resistance, it will explode into higher prices.


To be updated...
Comment:
the market closed below the resistance level, which suggest reversing the trade!
Comment:
as long as the market can't close above the resistance, this scenario applies:

snapshot
Comment:

Related Ideas

UGTraders
USDCHF - What then?
UGTraders
USDCHF - Sell until resistance is penetrated!
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.