USDCHF Long trade Idea Multi timeframe
Looking at the 4 hour timeframe we can see a corrective ABC structure formed. With wave C complete we can expect a surge
to the upside to continue the once bullish trend before the correction. On the H1 timeframe we have a complete inverse
head and shoulders pattern. I must admit this is a weird looking neckline but it'll serve its purpose. I expect a break above
and a retest of the neckline before placing a buy entry.
If you enjoy this post please do let me know by hitting the like button and sharing. I would mostly appreciate your perspectives
on UCHF down in the comments.
Targets:
0.94600
0.95000
0.95300
to the upside to continue the once bullish trend before the correction. On the H1 timeframe we have a complete inverse
head and shoulders pattern. I must admit this is a weird looking neckline but it'll serve its purpose. I expect a break above
and a retest of the neckline before placing a buy entry.
If you enjoy this post please do let me know by hitting the like button and sharing. I would mostly appreciate your perspectives
on UCHF down in the comments.
Targets:
0.94600
0.95000
0.95300
Note
Trade confirmation wasn't given. I do advise a little patience as it has bounced off of the weekly support level.
Note
Trade finally coming into play
Transaction en cours
Stop loss moved to break even
Trade fermée: cible de profit atteinte
Target 1 Reached
Clause de non-responsabilité
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.