Demand still looks very strong to be penetrated, becoming a double bottom which makes it possible for a strengthening for the swing to occur on the Daily
i still positive for usdchf correction in upside with potential target 70 pips. Need to breakout for back to downside trend.
Still seen if Supply is still strong to be penetrated, this allows the downside to still occur.
It is still clear that the strength of the sellers is still dominating the market, even though in a larger tf the movement still looks bullish. This is great for looking for Buy on Dips momentum
Several times the upward movement has not been penetrated by the TL area, it is possible that the next step is likely to experience a breakout.
It can be seen that the strength of the buyers is still seen dominating in the last few candlesticks. If in the next movement pattern the confirmation to the buyer has been fulfilled. The market movement will be higher
Market movements will be very significant in the US session later, it can be seen that there is a possibility that the EU will experience a breakout.
It can be seen that in TF D1 the potential for a breakout is very large, several trends have failed to breakout.
It seems that some corrections will occur in this pair, but if you look at the long period of the positive trend, it is still clearly visible with a target of 192-195.
It is very interesting when the Trendline on H4 gives a breakout signal.
2 The simulation will have a very large impact in the medium term, in the D1 period it is seen that the possibility of movement can be 0.865 as a reference for a breakout or fake breakout. I still believe that a positive trend for EUR will occur.
It looks like there will be something interesting if you look at the trendline on the H4 timeframe. If you draw a line from below, it will be seen that a Fake Breakout has occurred. But if it is a breakout then the decline will reach the 165 area, becoming a strong support determining area to return to the positive trend.