USDCHF escape from falling with Falling Wedge✈️
USDCHF is moving near important support lines (weekly time frame) as well as an important 🟡Price Reversal Zone(PRZ)🟡.
It also seems that USDCHF has succeeded in forming a Falling Wedge pattern.
In addition, if we look at the MACD indicator in the daily time frame, the Regular Divergence(RD+) between the MACD and the price is clearly visible.👇
I expect USDCHF to move towards the downtrend line after breaking the upper line of the falling wedge pattern and then break it and start to bump.
🔅U.S.Dollar/Swiss Franc ( USDCHF ) Daily time frame⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
It also seems that USDCHF has succeeded in forming a Falling Wedge pattern.
In addition, if we look at the MACD indicator in the daily time frame, the Regular Divergence(RD+) between the MACD and the price is clearly visible.👇
I expect USDCHF to move towards the downtrend line after breaking the upper line of the falling wedge pattern and then break it and start to bump.
🔅U.S.Dollar/Swiss Franc ( USDCHF ) Daily time frame⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
