longbreak tg 0.1 ....................... ...........................................
Right now we can see that the price has hit a key support level. I predict this will be the start of a bullish trend.
Good afternoon everyone. Today I am looking at a long breakout in the $USDCHF We have a Ichimoku bounce and we also have a TK crossover along with a support line being breached. This IMO gives us enough indication that the price should be on the rise with the uptrend. I would watch the support lines on the Fibonacci for take profits, and further indications of momentum.
When It comes to trendlines a clear pattern can be seen. At first the price attemps an insane break above the line moving over a $100 in as little as a few days, usually fueled by some bogus "good news" yet it is unable to close above the trendline on the first attempt as it moves too far too quickly, a massive selloff quickly ensues. On the second attempt a...