forker
Long

USDCHF D - Opportunity to buy?

FX:USDCHF   U.S. Dollar/Swiss Franc
The monthly Chart tells us "no no!".
But the dayli may carry this opportunity for us.

The Fork catched the frequency of support & resistance (blue circles).
We know that price is reaching the centerline over 80% of time.
But this doesn't mean, that it's going straight to the CL             .

If you observe the price behaviour, you clearly se the last "sinewave" move (green "flash").
It's also kinda mesured move, which is over now - what brings me to the conclusion that
price has a high potential to fall down again.

If price is heading south, next natural stop is the CL             . of the blue fork . And this again is
exactly where the last Pivot-High was, which gives us a natural support too.

P!

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