USDCHF - Intraday - We look to Buy a break of 0.8981 (stop at 0.8958)
Price action has formed a bullish ascending triangle formation.
A break of bespoke resistance at 0.8980, and the move higher is already underway.
Trading close to the psychological 0.9000 level.
Short term oscillators have turned positive.
The bias is to break to the upside.
A bullish reverse Head and Shoulders has formed.
Our profit targets will be 0.9049 and 0.9084
Resistance: 0.8980 / 0.9000 / 0.9050
Support: 0.8960 / 0.8920 / 0.8900
Price action has formed a bullish ascending triangle formation.
A break of bespoke resistance at 0.8980, and the move higher is already underway.
Trading close to the psychological 0.9000 level.
Short term oscillators have turned positive.
The bias is to break to the upside.
A bullish reverse Head and Shoulders has formed.
Our profit targets will be 0.9049 and 0.9084
Resistance: 0.8980 / 0.9000 / 0.9050
Support: 0.8960 / 0.8920 / 0.8900
Trade closed manually
Trade closed flat
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.