USDCHF STRONG STRUCTURE ZONE (WATCH THIS PAIR)
USDCHF STRONG STRUCTURE ZONE
I don't only want to post trades on here for you guys I also want to be able to post market outlooks and analysis as well. As you can see USDCHF is just starting to come into a very strong structure zone. Back in January of 2015 you can see that this market had a 16%+ drop in a matter of a week. THAT IS HUGE and as you can see it's something the market hasn't forgotten about and has been struggling to recover ever since. Market prices have not been able to break above this zone in years and this leads me to the fact that it is more probable that it will not any time soon. Now I could be wrong, but I let the market tell me what it wants to do and by the past few years it had shown me it can't break above that January 2015 high.
Keep an eye out on price in this zone in the upcoming months to watch and see how this pair plays out and if we can potentially capitalize on what the market tries to show us. Keep and eye out and keep it on your watch list because it is a really significant zone based on the data it is showing us from the past market conditions.
Cheers! Please like and follow my profile for more posts of trades, analysis, and big profits! Cheers!
I don't only want to post trades on here for you guys I also want to be able to post market outlooks and analysis as well. As you can see USDCHF is just starting to come into a very strong structure zone. Back in January of 2015 you can see that this market had a 16%+ drop in a matter of a week. THAT IS HUGE and as you can see it's something the market hasn't forgotten about and has been struggling to recover ever since. Market prices have not been able to break above this zone in years and this leads me to the fact that it is more probable that it will not any time soon. Now I could be wrong, but I let the market tell me what it wants to do and by the past few years it had shown me it can't break above that January 2015 high.
Keep an eye out on price in this zone in the upcoming months to watch and see how this pair plays out and if we can potentially capitalize on what the market tries to show us. Keep and eye out and keep it on your watch list because it is a really significant zone based on the data it is showing us from the past market conditions.
Cheers! Please like and follow my profile for more posts of trades, analysis, and big profits! Cheers!
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