BUY!!! USDCHF HAS REACHED A WEEKLY AND DAILY INTEREST AREA
HELLO TRADERS, I AM VERY INTERESTED IN BUYING THIS USDCHF PAIR FOR THE NEXT SESSIONS IN LONDON AND NEW YORK, EVERYTHING INDICATES THAT THE PRICE WILL RISE AGAIN.
TECHNICAL ANALYSIS
CONFLUENCES AT THIS MOMENT
1.- bullish weekly time frame
2.- bullish daily time frame
3.- 4 Hr bullish time frame
4.- rejection of weekly interest zone
5.- rejection of psychological number 0.88500
6.- we are in an area of daily interest
7.- 4 Hr EMA rejection
8.- rejection candle 4 Hr
9.- structure change 30 M
10.- 15 M envelope candle, 30 M envelope candle,
1 Hr enveloping candle, 2 Hr enveloping candle.
why do I like it?
The weekly, daily and 4-hour time frame are bullish, that is, they are in total harmony. The most logical thing is to buy if the time frames are bullish!!!
The weekly candle from the previous week was rejected in an area of interest.
The price has been rejected in a weekly interest zone that has been respected on repeated occasions in the past.
The price is currently in a daily interest zone that has been respected on numerous occasions in the past.
The psychological number 0.88500 has been tested perfectly which has attracted buyers at this strong level.
The price has been rejected at the EMA in the 4 Hr time frame.
The bearish structure on the 30M time frame has been broken.
We have an engulfing candle on the 15M, 30M, 1Hr and 2Hr time frame.
In all this the only thing more reasonable is to look for purchases since the time frames are rising.
If you liked my analysis, don't forget to follow me and like it, I will respond to comments and suggestions. Wait for new updates, blessings and luck!!!
TECHNICAL ANALYSIS
CONFLUENCES AT THIS MOMENT
1.- bullish weekly time frame
2.- bullish daily time frame
3.- 4 Hr bullish time frame
4.- rejection of weekly interest zone
5.- rejection of psychological number 0.88500
6.- we are in an area of daily interest
7.- 4 Hr EMA rejection
8.- rejection candle 4 Hr
9.- structure change 30 M
10.- 15 M envelope candle, 30 M envelope candle,
1 Hr enveloping candle, 2 Hr enveloping candle.
why do I like it?
The weekly, daily and 4-hour time frame are bullish, that is, they are in total harmony. The most logical thing is to buy if the time frames are bullish!!!
The weekly candle from the previous week was rejected in an area of interest.
The price has been rejected in a weekly interest zone that has been respected on repeated occasions in the past.
The price is currently in a daily interest zone that has been respected on numerous occasions in the past.
The psychological number 0.88500 has been tested perfectly which has attracted buyers at this strong level.
The price has been rejected at the EMA in the 4 Hr time frame.
The bearish structure on the 30M time frame has been broken.
We have an engulfing candle on the 15M, 30M, 1Hr and 2Hr time frame.
In all this the only thing more reasonable is to look for purchases since the time frames are rising.
If you liked my analysis, don't forget to follow me and like it, I will respond to comments and suggestions. Wait for new updates, blessings and luck!!!
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