TradingView
YMGroup
Nov 29, 2022 3:54 PM

Swiss Franc exited from triangle and can continue to grow Long

USD/CHFOANDA

Description

Hello to the TradingView community and my followers, please, if you like ideas, don't forget to support them with likes and comments, thank you so much and we'll get started.

Today, I want to talk to you about the Swiss Franc chart.

Price bounced of old support line and broke old resistance level.

Recently, Swiss Franc bounced up again and made fake breakout of old resistance line.

After this, price fell from $1.9520 to $1.9485.

Then, Swiss Franc made upward impulse and broke old resistance line, and now trades close new support line.

I expect that after current retest of support line price will continue to grow.

For this reason, I set up two targets at $0.9560 and $0.9610 levels.

I expect this scenario.

This is my opinion, I really hope it will be useful for you.

Be prepared and save your money. Make big profits!
Comments
Lingrid
Nice idea
AtlasTrades
awesome USDCHF chart mate, thanks for sharing it I agree with you
ArmanShabanTrading
Clean work 👏🏼👏🏼
TheSignalyst
so expecting a bullish USD right?
DeGRAM
Thank you for sharing your analysis.
KlejdiCuni
Very solid analysis. It looks really interesting in my opinion. Thanks
Cybernetics_tl
there we go man! nice scenario , well presented for a good trend reverse!
TheTradersAvenue
Amazing setup,thank you for sharing
Michael_Winner
Thank you for this USDCHF idea! Have a big potential
Solldy
Well, the validity of such a prediction in the current movement for me remains questionable, not convinced
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