Bearish Scenario: Sales below 5220... Bullish Scenario: Buys above 5225 (if price fails to break below decisively) ...
USD/CHF falling inside c-wave
2019-11-11 • Updated
- USD/CHF falling inside c-wave
- Next sell target - 0.9850
USD/CHF continues to fall inside the c-wave of the minor ABC correction 2 from the end of October – which started when the pair reversed down from the resistance zone lying between the parity, upper daily Bollinger Band and the resistance trendline of the daily up channel from September. The latest breakout of the aforementioned up channel accelerated the active wave 2. USD/CHF is expected to fall to the next sell target at the next support level 0.9850 (top of the previous wave (A)).
Similar
Bearish Scenario: Sell below 39600... Anticipated Bullish Scenario: Intraday buys above 39750... Bullish Scenario after Retracement: Intraday buys above 39150
Coinbase (#COIN) saw its revenue rise to $773 million in Q1 2024, marking a 23% increase from the previous quarter and surpassing analyst expectations.
Latest news
Jerome H. Powell, the Federal Reserve chair, stated that the central bank can afford to be patient in deciding when to cut interest rates, citing easing inflation and stable economic growth. Powell emphasized the Fed's independence from political influences, particularly relevant as the election season nears. The Fed had raised interest rates to 5.3 ...
Hello again my friends, it’s time for another episode of “What to Trade,” this time, for the month of April. As usual, I present to you some of my most anticipated trade ideas for the month of April, according to my technical analysis style. I therefore encourage you to do your due diligence, as always, and manage your risks appropriately.
Bearish scenario: Sell below 1.0820 / 1.0841... Bullish scenario: Buy above 1.0827...