USDCHF – Choppy price action towards 5th wave

USDCHF
USDCHF
USDCHF
USDCHF


USDCHF - Intraday - We look to Buy at 0.9868 (stop at 0.9838)

The trend of lower highs is located at 0.9935. Intraday, and we are between bespoke support and resistance 0.9868-0.9947. The rally is close to an exhaustion count on the intraday chart. There is no clear indication that the upward move is coming to an end. Preferred trade is to buy on dips. Preferred trade is to buy on dips.
Our profit targets will be 0.9947 and 1.0000

Resistance: 0.9947 / 1.0009 / 1.0014
Support: 0.9868 / 0.9840 / 0.9817

Order cancelled:

Day trade idea - cancelled. 10 new reports posted