Good evening everyone,
This video is just to go into more detail on the charts I sent out into the group earlier today. We have been taken out of USDCHF for 25pip SL, well done to those who avoided the stop hunt.
I'll still be looking for a short on the pairs as the USD is showing weakness across the board.
The pairs are not yet breaking the previous days...
THIS CHART IS FOR A GUIDELINE FOR THE NEXT COMING MONTHS. I WILL BE LOOKING AT KEY FUNDAMENTALS OVER THE NEXT FEW MONTHS TO ALSO HELP MY JUDGEMENT FOR THIS PAIR. CURRENT GLOABL AFFAIRS I AM LOOKING AT ARE; US TRADE TALKS WITH CHINA, US TARIFS WITH MEXICO, WAR TENSIONS WITH IRAN. OIL SUPPLY AND THEIR I WILL BE LOOKING AT THE NEXT INTEREST RATE DECISION CURRENTLY...
Well formed channel on 4H chart.
3 consecutive bullish weeks for usd/chf
Daily MA shows upside momentum
Pin bar formed around channel low on daily chart , followed by bullish engulfing bar.
We still dont know if the price will rally for new highs , the confirmation we looking for is 4H chart MA cross and start scalping on 15m chart in the way of the trend. If...