USD/CHF is a recommended BUY
- Current price is in a short term uptrend and looks to be in a pullback phase. During a pullback in a uptrend this is a golden opportunity for late buyers to get in and open a long(buy) position. Below I have pullback levels I would enter a trade in different trading styles:
Overlays
- Short term uptrend line — 0.98000
- Fibonacci Level 61.8% — 0.97694
- Fibonacci Level 50% — 0.97297
- MA30 level — 0.98025
- MA60 level — 0.97587
Sub indicators
- Stoch RSI (is in overbought territory, sloping downward and preparing to cross confirming the pullback in price
- Chaikin Money Flow (indicators the current uptrend is still strong *if levels stay above mid-point* —
- Current price is in a short term uptrend and looks to be in a pullback phase. During a pullback in a uptrend this is a golden opportunity for late buyers to get in and open a long(buy) position. Below I have pullback levels I would enter a trade in different trading styles:
Overlays
- Short term uptrend line — 0.98000
- Fibonacci Level 61.8% — 0.97694
- Fibonacci Level 50% — 0.97297
- MA30 level — 0.98025
- MA60 level — 0.97587
Sub indicators
- Stoch RSI (is in overbought territory, sloping downward and preparing to cross confirming the pullback in price
- Chaikin Money Flow (indicators the current uptrend is still strong *if levels stay above mid-point* —
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.
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.