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Wave-Trader
Aug 1, 2017 9:02 PM

USDCHF Watch for breakout Long

U.S. Dollar/Swiss FrancFXCM

Description

Hi fellows, Flag is too tight and corrective watch for breakout or look for buy close to 618. Good Luck fellows.

Comment

Breaking watch for continuation

Comment

Hi fellows, This pair breakout was not so strong and holding the top. Which means we are having change in pattern formation. If price test the bottom then look for buy at bottom. If you are already in then look for continuation. Good Luck. Here is the update.

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if do not continue then watch bottom for buy

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Watch bottom break below will put this pair at bottom again.

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SO breakout was not strong and price reversed sharply. Watch bottom for upside. In case price do not rise sharply and rise correctively then we may one one wave down with the lower degree channel. Here is the update fellows.

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Those who are already in Watch continuation fellows. Dont buy the breakout
Comments
kristianrr
Any updates please? Thank you!
TheDudeForex
why not buy the breakout?
Wave-Trader
@TheDudeForex, because it can reverse hard from top again
TheDudeForex
@Wave-Trader, Ah I see, thank you for your answer!
munibshah
today is usd data is coming, so if usd as expected go down then this pair badly go down dear......! what you say?
Mobi0007
Wave-Trader
@Mobi0007, nice good luck
AliHasan
Is there a chance that the price will visit 0.952 range again in a couple of weeks or so?
Wave-Trader
@AliHasan, yes that's possible but that was not a sell place if that was a sell place for you than at least you should use stop losses at bottom and tops whenever you are looking for small moves
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