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Snick3rSD
Aug 27, 2023 5:01 PM

USDCHF - Long after filling the imbalance ✅ Long

U.S. Dollar/Swiss FrancFXCM

Description

Hello traders!
‼️ This is my perspective on USDCHF.

Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for long. I want price to continue the retracement to fill the imbalance lower and then to reject from institutional big figure 0.88000.

Fundamental analysis: Upcoming week on Friday will be released monthly CPI on CHF, as well NFP and Unemployment Rate on USD, one of the most important news. Pay attention to the results in order to validate the analysis.

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Comments
TheFxAce
I see where you're coming from with this long stance. Makes sense!
Snick3rSD
@TheFxAce thanks
Red5FX
I am definitely thinking the same and I see the imbalance on my chart as well. Good job!!!
Snick3rSD
@Red5FX great
shahzebmughal007
excellent analysis Sir
Snick3rSD
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