Overall
On week 5 DXY declined, USDCAD also showed downtrend = all pairs in correlation are downed.
On USDCHF i see price below SR = downtrend
Weekly
Below SR
Exhaustion candle bearish = short.
Daily
Below SR, Exhaustion candles
H4
Open short
ENTRY 0.99500
TP 0.98200
SL 1.0050
RR 2.53
In first week to take pips better to open with TP 0.98700
On week 5 DXY declined, USDCAD also showed downtrend = all pairs in correlation are downed.
On USDCHF i see price below SR = downtrend
Weekly
Below SR
Exhaustion candle bearish = short.
Daily
Below SR, Exhaustion candles
H4
Open short
ENTRY 0.99500
TP 0.98200
SL 1.0050
RR 2.53
In first week to take pips better to open with TP 0.98700
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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.