USDCHF - Intraday - We look to Buy at 0.8961 (stop at 0.8942)
Bullish divergence can be seen on the daily (the chart makes a lower low while the oscillator makes a higher low), often a signal of exhausted bearish momentum, or at least a correction higher.
We look to buy dips.
We are trading at oversold extremes.
Pivot support is at 0.8960.
Bespoke support is located at 0.8960.
Our profit targets will be 0.9018 and 0.9038
Resistance: 0.9000 / 0.9030 / 0.9050
Support: 0.8980 / 0.8960 / 0.8940
Bullish divergence can be seen on the daily (the chart makes a lower low while the oscillator makes a higher low), often a signal of exhausted bearish momentum, or at least a correction higher.
We look to buy dips.
We are trading at oversold extremes.
Pivot support is at 0.8960.
Bespoke support is located at 0.8960.
Our profit targets will be 0.9018 and 0.9038
Resistance: 0.9000 / 0.9030 / 0.9050
Support: 0.8980 / 0.8960 / 0.8940
Order cancelled
Trade wasn't filled intraday.
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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.
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.