cheydoig

USDCHF Long Term Outlook 12/17/19

Short
FX:USDCHF   U.S. Dollar / Swiss Franc
Monthly has been pretty flat, Weekly we are in a correction move for uptrend. Daily looks like it just went through a distribution schematic. Unhealthy price action in the form of imbalance (orange box). I will be looking to see future price action and possibly selling the 4H zone (blue) down to the target. Will update as price shows me what it's going to do.
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.