MrVolcano
Short

USDCHF - Change of momentum at channel top

FX:USDCHF   U.S. Dollar / Swiss Franc
63 0 0
Pair is at the top of a range that goes back 6 months now.

There is a possibility that this could be a minor pullback and that price will continue higher. There is supprt a 0.9840 as well as the daily 8EMA level, which could both act as support, but given the nice rounded top showing power shift from bulls to bears, I think there is a reasonable chance that price could head back to the bottom support level at 0.9555 again, which would provide an excellent R/R. Worth a shot I'd say.

Daily Chart

snapshot
Trade closed manually: Price found support at 0.9800 and continued higher. Looks like a new trend remains intact.
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out