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Usdchfsignal

USDCHF UPDATE: Price Set to Resume The DowntrendI pointed out a key reversal zone in the USDCHF's analysis I published on Feb 17. Price reached the area and find sellers. With the completion of the correction, a 5-3 wave cycle is considered completed. The trend is expected to resume in the direction of the impulse pattern which is bearish in the USDCHF's case. The target below 16th January low is plausible in the months ahead. Verdict: I'm already short and I will be looking to sell on Lower Highs till we reach the blue zone on the chart.
Short
by Veejahbee
USDCHF is Approaching a Level That Should Scare the BullsThe rally from wave c of Y low on 16th Jan 2020 has been unfolding as a double zigzag corrective wave. Corrective structure moves in the opposite direction of the major trend, that's once the wave y of X is completed, the bearish trend should resume. I'm anticipating the correction to complete at the daily resistance zone that lined up with the moving average. Watch out for bearish price action signals from that zone to confirm the completion of correction. What's your thought on USDCHF?
Short
by Veejahbee
USDCHF buy on H4Plan : wait for price to bounce off from horizontal support --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar etc --> BUY **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Long
by GWBFX