USDCHF look for upside
Hi traders:
Here on USDCHF, a nice structure is forming and continuation correction is developing for upside momentum.
We see price is in this larger structure from previous bullish move, and now I see a smaller continuation correction forming on the lower time frame.
This can indicate that the larger structure is potential finished, and we can see one more move the the upside to the top of the structure.
I will wait for smaller correction to develop and enter the buy once I see a confirmation breakout.
Thank you
Here on USDCHF, a nice structure is forming and continuation correction is developing for upside momentum.
We see price is in this larger structure from previous bullish move, and now I see a smaller continuation correction forming on the lower time frame.
This can indicate that the larger structure is potential finished, and we can see one more move the the upside to the top of the structure.
I will wait for smaller correction to develop and enter the buy once I see a confirmation breakout.
Thank you
Note
Note
Look for more continuation correction to the top.
Related publications
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.
Related publications
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.