USDCHF WEELY BULLISH - ECONOMY IN SERIOUS TROUBLE
INSTRUMENT: USDCHF
TIMEFRAME: WEEKLY
DESCRIPTION
Price appears to have developed a Leading Diagonal pattern on Weekly chart.
The pattern was followed by an ABC correction that appears to have kissed 0.78.6% of the weekly Leading Diagnoal pattern.
If the market provide confirmed buy signals on H1 or M15, price can easily visit the 1.044 - 1.082 area provided that Fed is likely to hike Interest Rates on their announcement on 22 March 2023.
TIMEFRAME: WEEKLY
DESCRIPTION
Price appears to have developed a Leading Diagonal pattern on Weekly chart.
The pattern was followed by an ABC correction that appears to have kissed 0.78.6% of the weekly Leading Diagnoal pattern.
If the market provide confirmed buy signals on H1 or M15, price can easily visit the 1.044 - 1.082 area provided that Fed is likely to hike Interest Rates on their announcement on 22 March 2023.
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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.
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.