USDCHF – Choppy price action towards 5th wave
Updated
USDCHFUSDCHFUSDCHFUSDCHFUSDCHF - Intraday - We look to Buy at 0.9868 (stop at 0.9838)
The trend of lower highs is located at 0.9935. Intraday, and we are between bespoke support and resistance 0.9868-0.9947. The rally is close to an exhaustion count on the intraday chart. There is no clear indication that the upward move is coming to an end. Preferred trade is to buy on dips. Preferred trade is to buy on dips.
Our profit targets will be 0.9947 and 1.0000
Resistance: 0.9947 / 1.0009 / 1.0014
Support: 0.9868 / 0.9840 / 0.9817
Order cancelled
Day trade idea - cancelled. 10 new reports posted
Live Youtube - youtube.com/@SignalCentre/streams
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.