Technical Analysis
Market Type - Potentially bearish after establishing a higher high.
So let's create a trading plan for USDCHF past week we saw a slight bull run towards 1.00240 Since then we saw a heavy divergence on 4h Frame and price is falling ever since. So what we will to is to cast a structured ladder from 0.99952 - 1.00040 Our stop loss for this position will be 1.00300 For targets which are projected in chart. That's all for USDCHF Thanks guys for looking into it don't forget to leave a like and follow me for more.
Indicators Used
1. Elliot Waves + Support And Resistance
2. RSI
3. MACD
Conclusion
So let's jump to the conclusion we will take the entry on USDCHF on this level and will ride a massive trade.
Thank You
Join VIP For time to time update and analysis
Market Type - Potentially bearish after establishing a higher high.
So let's create a trading plan for USDCHF past week we saw a slight bull run towards 1.00240 Since then we saw a heavy divergence on 4h Frame and price is falling ever since. So what we will to is to cast a structured ladder from 0.99952 - 1.00040 Our stop loss for this position will be 1.00300 For targets which are projected in chart. That's all for USDCHF Thanks guys for looking into it don't forget to leave a like and follow me for more.
Indicators Used
1. Elliot Waves + Support And Resistance
2. RSI
3. MACD
Conclusion
So let's jump to the conclusion we will take the entry on USDCHF on this level and will ride a massive trade.
Thank You
Join VIP For time to time update and analysis
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