FX:USDCHF   U.S. Dollar/Swiss Franc
817 2 27
8 months ago
SOME IDEAS ON USDCHF             ON THE DAILY TIMEFRAME
-TRENDLINE BEEN RESPECTED AS YOU CAN SEE
-DECISION TIME BREAK OR BOUNCE HERE
-A BREAK ABOVE THE TRENDLINE WOULD LEAD TO A BREAK ABOVE 1.0000 OUR MONTHLY LEVEL OF RESISTANCE
-WHICH WOULD LEAD TO NEW HIGHS
-WE COULD DROP DOWN TO 9.5000 BUT THIS IS MAJOR SUPPORT AS YOU CAN SEE IVE POINTED OUT
-POTENTIAL ABCD EXTENSION
-FIB LEVELS I WILL HAVE MY EYES ON 0.5 AND 0.618 LEVELS FOR RESISTANCE AND REVERSE TO THE DOWNSIDE
-IF WE HOLD THIS PRICE I THINK ITS LOOKING BEARISH SO FAR
-FIB LEVEL D FOR TARGET FOR DOWNSIDE TOO
8 months ago
Comment: BREAKING LONG HERE.....ONLY AREA OF RES IVE GOT MY EYE ON IS THE FIB 0.5 BUT STRONG CLOSE AND WE ARE IN .....I MIGHT EVEN JUMP IN SOONER
8 months ago
Comment:
snapshot
8 months ago
Comment: Still not convinced its a long just yet people. fib 0.5 proving strong resistance.....Could be another drop here
8 months ago
Comment: EYES ON 0.5 FIB
jackmyattFX PRO
8 months ago
snapshot


Decision time here, looks like we are hitting the resistance and consolidating currently favouring the short but waiting for confirmation :)
Reply
jackmyattFX PRO
8 months ago
snapshot
key area here
Reply
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