Abtin00

USDCHF , We predicted two possible market movements

Long
OANDA:USDCHF   U.S. Dollar / Swiss Franc
Hello everybody

We hope everyone had nice week with profit

According to these analysis of USDCHF , in daily time frame we analysed that the trend is downward and we need that the price come to resistance and sell zone then we can take short position , in here we shown that we have a breakwave and we need pullback of the price then we can take short position , but in this chart we predicted two movement of market can do , in here the price is upper of the support zone area and in here we price is supported and can rise until the resistance area ( The market in this time frame is downward and only we sell but we can take some tolerance from the market in pullback movement )

After pullback done in next week or later we are updating the chart for sell ( short ) position untl the target

But in here we shown 2 position and where we should buy and sell the position and Tp and SL

Please check the chart in multi-time frame and at first take signal then take position
( Signal : hammer , ascending cover , descending cover , ... )

Daily time frame chart :
The point is the analysis is valid


Be with us and sleep comfortably

Good Luck
Abtin