Wait for a sell signal in the sideways price zone with USDCHF
H1 time frame.
Structure: Sideway structure with amplitude from 0.91600 to 0.92700.
At the current resistance area, the uptrend has weakened. There is a high probability that a divergence signal will form.
Wait for the divergence to complete and confirm the downside, then you can look for a selling opportunity with USDCHF.
The profit target is the 0.91600 price zone.
-----------------------------------------------------------------------------------------------
Wish you all have a good trading day!
Structure: Sideway structure with amplitude from 0.91600 to 0.92700.
At the current resistance area, the uptrend has weakened. There is a high probability that a divergence signal will form.
Wait for the divergence to complete and confirm the downside, then you can look for a selling opportunity with USDCHF.
The profit target is the 0.91600 price zone.
-----------------------------------------------------------------------------------------------
Wish you all have a good trading day!
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Website: tradafx.net/
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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.
Discord : discord.gg/5HTtehrJVK
Website: tradafx.net/
Youtube: youtube.com/c/TradaFXForexTrading
❤
Facebook: facebook.com/tradafx
Instagram: instagram.com/tradafx1/
Twitter: twitter.com/Tradafx1
Website: tradafx.net/
Youtube: youtube.com/c/TradaFXForexTrading
❤
Facebook: facebook.com/tradafx
Instagram: instagram.com/tradafx1/
Twitter: twitter.com/Tradafx1
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.