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USDCHF – Buyers on the way to higher levels

FX:USDCHF   U.S. Dollar / Swiss Franc
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USDCHF – Buyers on the way to higher levels

Trend: Strong Buy

Support/Resistance:
R3: 0.99085
R2: 0.98633
R1: 0.98285
S1: 0.97902
S2: 0.97481

Price action:
At the moment USDCHF is still and still bullish .
Overall perspective on this trade is very bullish , after buyers will break first resistance level this trade will be even more perspective to critical bearish critical resistance level at 0.98633. (At the moment buyers have already proved that they are stronger to sellers.)

Potencial trade idea:

Bulls targets:
T1: 0.98633
T2: 0.99085

NOTE – We are trading USDCHF via the preferred trading setups

Disclaimer: Martin’s views on the Chart analysis is ment as a trading advice for education terms; Education terms include: trading consistency to everyone who is reading this blog; for every advance student and for every Elite student who is using this analysis for managing his equity by Elite strategy and custom indicator. This analysis is understandable and transparent for all Elite students. This is a free content which is based from Academy in term of transparency to support and following progress to everyone. We know that there is always possible way that market can pull you out even when you follow our analysis blog and advice for a trade. We don’t publish where you have to have your risk management – Stop Loss, because, it would not be fair to Elite members, who learned this techniques in our Elite course.


Elite system, Elite strategy, Custom Indicator, Fundamental Analysis , Tehnical analysis, Price action, Advanced strategies, Trading Education, customtradingsystems

Good trading!

Elitefxacademy

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