I see a possibility for a full retrace for Fran but will not know until I see a rejection from the 200 EMA as resistance. I am hoping for a full 1-5 impulse move, instead of a shorter ABC correction. We will see =)
Tuesday, July 9, 2019
01:45 CHF Unemployment Rate n.s.a. (Jun)
01:45 CHF Unemployment Rate s.a. (Jun)
My arrows are purely for educational and visual representation of how i would like the trade to play out for executions!! Trade at your own risk. This is not a signal but my personal view. Updates will be in the comment.
Sorry for the busy markup (haha!). Mr Franc appears to have come due for a nice correction short here, expected to be a bearish trend. He has reached a nice resistance from structure. Lets checkout those Swiss pairs =)