USDCHF-Possible short movement
Updated
First of all, I want to apologize about this months I was offline. Since now, big things are coming.
As to the chart, after a big impulse from this pair, price has stopped at 1.00 psychological level of resistance. RSI is showing some divergences wich could indicates us a possible short movement this week.
Also, at the 1 hour chart, we can see a typical corrective structure.
As to the chart, after a big impulse from this pair, price has stopped at 1.00 psychological level of resistance. RSI is showing some divergences wich could indicates us a possible short movement this week.
Also, at the 1 hour chart, we can see a typical corrective structure.
Comment
Price following the prediction. MA50 has been brokenComment
As I posted on my instagram profile, the 1H target has been achived. Now, after this bullish impulse on minor frames, we are waiting for some signals of rejection.Comment
Finally the pair is showing some bearish movement.Comment
Second TP is close to be hitted. Stop loss has been moved to breakeven. +6% on this trade.Comment
Price is testing the resistance level in 4h. We have to see a rejection to continue with the bearish movement.Video explanation-> youtube.com/watch?v=mzhdDmknzbs&t=6s
Comment
Price played good as we mentioned on the youtube video. SL has been moved above the MA200(+3% )Trade closed: target reached
Trade closed manually. I expect some retracements for the upcoming weeks. +13% on this trade
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