WrightWayInvestments

USDCHF - Bullish Falling Wedge Idea

Long
FX:USDCHF   Dollaro / Franco svizzero

As we can see in USDCHF we have an impulse to the upside with a break in a falling wedge pattern which indicates a bullish sentiment.

We can also see a double bottom formed in the 4H time frame in confluence to the end of the Elliott Wave with the 5th and final movement.

All of these indications align with a possible push to the upside. I see resistance to this move when price hits around 0.95500, 0.97000, and invalidation to the move at 0.92000.

If you would like to see updates on this idea and many more please follow and hit the like button for more!

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.