FX:USDCHF
Bullish BAT:
Point B:
38.2% to 50% XA
Point C:
38.2% to 88.6% AB
Point D:
88.6% XA
Targets:
TP1 38.2% AD
TP2 61.8% AD
Safe trades;
open.spotify.com
A confluence of harmonic patterns:
Inverted AB=CD
Bat
Deep Crab
I think this pair is ready for a prolonged, massive bullish thrust from now on. I had provided a bullish analysis a few days ago as well.
Good luck,
Ali Sharif Azadeh, CFTe
USDCHF has a lot of ground to recover
1.05, 1.15 and eventually 1.30
0.99 is the first level to cleared for the rest to happen
This trade idea goes hand-in-hand with my longer term
gold sell.
Now, some may say - this trade will take ages so I wont even look at it now..and sure, it will take some time. But fair enough, you wait then and buy as the price gets...
Since the breakout of the trendline on 2015-6-23, This pair has been bullish with decent corrections leading me to believe it has a lot more fuel left. TP and SL are on the chart. Please Feel free to share your opinions about this.
Good Luck!
We got a bullish cypher pattern at market at strong multiple month support after a double bottom with RSI over sold. It ticks all the boxes. But please trade with care, we got the Greece meeting en the EU parlament today so it can make price very volatile later today as the meeting progresses or the fear/greed thing kicks in to everybody.
Kind regards
Thomas Jeff
Right now we have a great opportunity on USDCHF, spotted just now.
Previous supports and resistances (also seen on 4H chart) + Fibonacci and candlestick formation.
I'm already long on it :D
Remeber, it;s just and idea and it's your decision whether to trade this or not.
