DAILY: WAS ON A DT BUT MARKET BROKE TO THE UPSIDE CREATING AN UT.
4 HR: SHOWS AND UPTREND.
1 HR: BOUNCING OFF SUPPORT LINE. I CAN SEE ON THE RSI THERES DIVERGENCE WITH A POSSIBILITY OF A STONG UPWARD PUSH.
I ALSO PLACED MY FIB AND THERES A STRONG CHANCE IT WILL HIT THE 50% AND BOUNCE UP.
IT PREDICT IT WILL ALSO CREATE H&S BUT DOESNT MAKE SENSE IF ITS IN AN UPTREND. WILL BE ON A LOOK OUT FOR THAT H&S AND IF IT DOES CREATE WILL TAKE THE SELL IF THERES AN OPPORTUNITY. PP ALSO SHOWS SOMEWHAT OF A REJECTION.
USDCHF
4 HR: SHOWS AND UPTREND.
1 HR: BOUNCING OFF SUPPORT LINE. I CAN SEE ON THE RSI THERES DIVERGENCE WITH A POSSIBILITY OF A STONG UPWARD PUSH.
I ALSO PLACED MY FIB AND THERES A STRONG CHANCE IT WILL HIT THE 50% AND BOUNCE UP.
IT PREDICT IT WILL ALSO CREATE H&S BUT DOESNT MAKE SENSE IF ITS IN AN UPTREND. WILL BE ON A LOOK OUT FOR THAT H&S AND IF IT DOES CREATE WILL TAKE THE SELL IF THERES AN OPPORTUNITY. PP ALSO SHOWS SOMEWHAT OF A REJECTION.
USDCHF
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.