Get started
UGTraders

USDCHF - Correction might be over..

Long
U.S. Dollar / Swiss Franc (FX:USDCHF)  
UGTraders Updated   
FX:USDCHF   U.S. Dollar / Swiss Franc
Trend Analysis Chart Patterns Wave Analysis USDCHF
3
0
trendanalysis chartpattern waveanalysis usdchf
Currently USDCHF is in a correction phase which is about to end over.

Be prepared to use such scenario in your favor and never trade without stop-loss.

To be updated...
Comment:
Pay close attention to the momentum, currently the market raises but if there isn't
a clear momentum in the long direction, I will quite as soon as we meet a resistance.

snapshot
Trade closed: target reached:
Close the trade, no enough momentum to rise the market.

it's better to stay out right now..
Comment:
As I mentioned earlier, the market can't find enough momentum to fly away.

Yeah, it followed the forecast but thankfully it wasn't a big deal to miss, the market raised slightly with weak momentum,

snapshot
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.