4H Breakout?
Please dont mind the Horizontal Lines I have them Color coded for the different time frames which i will not get into now...
I just wanted to share that I have noticed that we have broken out of the channel on the 4H time frame which was supported by the 56 MA...
I have also noticed that USDCHF has a tendency to make a leap for the 150 MA after having been resisted by the 56MA for a while before ultimately making a dash back down to 56 MA for a correction before continuing for the 200 MA.
I believe we are about to see some nice price movement from USDCHF.
I wonder where this will go... red circle is an intersect for my lines, lets see if it hits...
I just wanted to share that I have noticed that we have broken out of the channel on the 4H time frame which was supported by the 56 MA...
I have also noticed that USDCHF has a tendency to make a leap for the 150 MA after having been resisted by the 56MA for a while before ultimately making a dash back down to 56 MA for a correction before continuing for the 200 MA.
I believe we are about to see some nice price movement from USDCHF.
I wonder where this will go... red circle is an intersect for my lines, lets see if it hits...
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