USD/CHF could continue its breakout in order to complete the correction❗️
1️⃣ False breakout below monthly support
2️⃣ Violation of upper Trendline and a breakout of Trendchannel
3️⃣ 5-Wave-Pattern completed heading into an A-B-C-Correction
4️⃣ MAC-D with equal Lows
5️⃣ High at Key-Support (SL-Fishing)
7️⃣ Low open interest below key-support-zone
8️⃣ 55 and 21 violated and crossed
9️⃣ Momentum to the upside with chasing PoC of higher prices
1️⃣ CHF/JPY falling indicating CHF weakness as USD vs JPY still weak
2️⃣ DXY (US-DOLLAR-BASKET) rising due to risk-off-mood in the market
3️⃣ S&P500 as expected rejected off Trendline and tends to correct
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Wanna see more? Don`t forget to follow me.
PS: This week I only share my analysis as market-conditions are still weak due to loq and liquidity! Will be back with signals next week!