Swiss Franc / U.S. Dollar

SAXO

CHFUSD

Extended price weakness appears to be pushing Asian currencies below historical price channels. A breakdown from this support channel could mean a complete breakdown in currency values going forward. This may be the beginning of much lower price exploration in an attempt to fund support. Hold onto your heads and profits folks. The crap may begin to fly soon.

SAXO:CHFUSDAFTER FORMING HEAD AND SHOULDERS BREAKS OUT AT NECKLINE ,IT TRIGGERS POSSIBLE BEARISH TREND

Interesante estructura y rompimiento de tendencia principal para mirar entradas en corto. @yeisonmendez.fx

CHF/USD STRENGTHS AS IT BREAKS OUT OF A FALLING WEDGE ON A WEEKLY CHART,POSSILE TEST ZONE 1.0476

Estructura

Long

refer chart for details

Interesante oportunidad. Vamos a ver como se nos da este rompimiento.

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-Describe on chart.

PA has retested resistance line twice. Price is in consolidation. Going for a sell if PA pulls back from resistance level.

Waiting for PA to pullback and retest resistance. Overall going on a shallow downtrend.

Heading into a downtrend. Still waiting for retest.

yellow entry points

- Retested Ceiling twice. - Waiting for the pullback. - First in an uptrend buy now in a consolidation wave. - Waiting for an entry.

chfusd is currently at weekly support zone (purple), waiting for price to reject and break out of 4hr box (yellow) to go long.

$study big picture

chart