USDCHF, WILL WE KEEP CLIMBING THE LADDER AND BREAK PENNANT?
Pair: USDCHF
Timeframe: 1D , 4H
Analysis: Round number level, trend line, volume profile, support and resistance, pennant pattern, ascending triangle pattern
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Key Takeaway: Seen alot of strength with USD this month and we continue to climb the scale in USD base currency pairs. On the chart we can see a very steep climb for this pair which leads for me to believe that we can very easily break resistance and top trend line. Although we could see a bonce depending on high risk news we see this week, we always have to keep options open
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Level needed: need a close by 0.96690
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Trade: Long
RISK:REWARD 1:7
SL: 25
TP: 182
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DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Timeframe: 1D , 4H
Analysis: Round number level, trend line, volume profile, support and resistance, pennant pattern, ascending triangle pattern
—————
Key Takeaway: Seen alot of strength with USD this month and we continue to climb the scale in USD base currency pairs. On the chart we can see a very steep climb for this pair which leads for me to believe that we can very easily break resistance and top trend line. Although we could see a bonce depending on high risk news we see this week, we always have to keep options open
—————
Level needed: need a close by 0.96690
—————
Trade: Long
RISK:REWARD 1:7
SL: 25
TP: 182
—————
DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION