WrightWayInvestments

USDCHF - Bullish Falling Wedge Idea

Panjang
FX:USDCHF   Dolar A.S. / Franc Swiss

As we can see in USDCHF we have an impulse to the upside with a break in a falling wedge pattern which indicates a bullish sentiment.

We can also see a double bottom formed in the 4H time frame in confluence to the end of the Elliott Wave with the 5th and final movement.

All of these indications align with a possible push to the upside. I see resistance to this move when price hits around 0.95500, 0.97000, and invalidation to the move at 0.92000.

If you would like to see updates on this idea and many more please follow and hit the like button for more!

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.