USDCHF is trading inside a Channel Up since the start of August.
At the moment the price is supported by the 4hour MA50.
The 4hour RSI indicates that we may be replicating a consolidation pattern much like August's.
You can scalp the 0.88950 - 0.89775 range as the upper limit in August was the 1.618 Fibonacci extension.
Follow us, like the idea and leave a comment below!!
At the moment the price is supported by the 4hour MA50.
The 4hour RSI indicates that we may be replicating a consolidation pattern much like August's.
You can scalp the 0.88950 - 0.89775 range as the upper limit in August was the 1.618 Fibonacci extension.
Follow us, like the idea and leave a comment below!!
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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.
TheCryptagon offers news & insights on global markets (crypto, forex, stocks, commodities). Follow so you don't miss anything!
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
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.