USDCHF - On hourly chart it's trading close to the strong support zone, I am expecting a bounce back in the price from here.
My approach will be a BUY here at current price 0.91667
Maintain stop loss around 0.91320
Potential upside move 0.92200
Follow the levels as mentioned.
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. There is a possibility of temporary retracement to suggested support line (1.7310). if so, traders can set orders based on Price Action and expect to reach short-term targets.
. GBPCAD is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic...
Possible formations of both a Gartley and cypher pattern on the daily GBPUSD pair.
For me there are no fundamentals that make me prefer one currency over the other, so these harmonic swing moves are realistic.