Jaxpx

USDCHF RELATED IDEA (LONG IDEA)

FX:USDCHF   U.S. Dollar / Swiss Franc
I assume, we'd be looking to go long on USDCHF now after the C corrective wave. Furthermore, this could be an opportunity for price to create an inverted head and shoulders and potentially push the market past the daily resistance trend line .

That also tells me, the price of Gold may weaken temporarily as both pairs tend to move in the opposite direction to each other.
Comment: (For my journal) Analysed well, as predicted price played out bullish moves for a couple days.

Related Ideas

Comments

Good start. Good entry.
+1 Reply
Jaxpx meszaros
@meszaros, Thank you very much.
Reply
GOOD CALL
+1 Reply
Jaxpx steviehcgreen
@steviehcgreen, Thank you very much.
Reply
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