"Top and Bottom Analysis" USD/CHF by ThinkingAnts
4H CHART EXPLANATION:
At 4H Chart we see a potential Bearish Movement due to:
- Price bounced from the Resistance Zone and broke the Ascending Trendline
- It is currently doing a Bearish Corrective Structure to continue the down movement
We will be looking for Short Opportunities if price breaks the Ascending Channel below 0.99750 towards 0.97300 being careful with the middle Support Zone made by the Daily Ascending Trendline and the Support Zone at 0.99100
Updates coming soon!
MULTI TIMEFRAME VISION
-Weekly
-Daily:
At 4H Chart we see a potential Bearish Movement due to:
- Price bounced from the Resistance Zone and broke the Ascending Trendline
- It is currently doing a Bearish Corrective Structure to continue the down movement
We will be looking for Short Opportunities if price breaks the Ascending Channel below 0.99750 towards 0.97300 being careful with the middle Support Zone made by the Daily Ascending Trendline and the Support Zone at 0.99100
Updates coming soon!
MULTI TIMEFRAME VISION
-Weekly
-Daily: