Hello Traders,
We can clearly see UsdChf formed double bottom on major support level @ 0.9860 on short term. As per wave analysis this pattern looks like ABC corrective pattern, Already wave A and B are completed. We can expect wave C upside upto the resistance 1.0010 level.
My Entry:
Side : LONG
BUY @0.9894 -- TP @ 1.0010 -- SL @ 0.9840
We can clearly see UsdChf formed double bottom on major support level @ 0.9860 on short term. As per wave analysis this pattern looks like ABC corrective pattern, Already wave A and B are completed. We can expect wave C upside upto the resistance 1.0010 level.
My Entry:
Side : LONG
BUY @0.9894 -- TP @ 1.0010 -- SL @ 0.9840
Comment:
My Actual order filled @ 0.98937
Comment:
USDCHF gets support @ 0.9890 to 0.9885 weekly support zone. Price action looks like very choppy, waiting for buyers to push the market upside today....
Comment:
Stop loss readjust to open price...
Comment:
As expected this pair gained more than 40 pips from yesterdays low... I looking trend will continue upto PARITY... Newyork session we can expect upside...
Comment:
Today's SNB Press conference fueling the USD strength to the pair reach the Parity or even higher...
