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Chiffy

USD/CHFUchf is making a tight candlestick channel made up of diagonal after diagonal. It will go up. It is at the 800 Ma on the daily. However the 200 on the weekly is lining up with that fib level below and in this scenario I prefer to see it break out the bottom of the channel. The last wave diagonal it is in can do one more overlap and down. Rather than trying to explain I will just do a quick live stream on my channel. See link below.
by thillygoosth
Updated

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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