USDCHF - Down ~ Down !!!

FX:USDCHF   U.S. Dollar / Swiss Franc
598 5 16
1] AB=CD Completion
2] Channel Top
3] Divergence
Stops ~ Close above channel
Targets - Channel bottom
Also this possible dollar weakness will not be limited to only the CHF, GBP/USD, XAG/USD, XAU/USD, AUD/USD will probably go up.
+1 Reply
FxSaint lucianfx00
That I agree ! I m not monitoring Pound & Silver but others like Gold & Aussie are in my radar for possible bullish moves. I m attaching Gold & Aussie chart if you like to see my idea.
+1 Reply
Think it will break the channel maybe past oct 15 low.I'm short sl 1.0142 tp 0.951.
Also this movement implies EUR/USD to 1.14 maybe
FxSaint lucianfx00
Its going have good support at 0.9800-50 zone. How price action behave there will give us clue of further action.
Yes ... it might bounce back a bit there but hopefully not higher then my sl :)
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