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jangseohee
4 gen 2015 10:04
USDCHF, broke out of multi-term down channel
FX:USDCHF
1M
U.S. Dollar/Swiss Franc
FXCM
Descrizione
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4 gen 2015 10:04
Price seems like break out of the horizontal resistance, i'd like to find out whether the green channel support is able to hold (blue region)
P.S. The fact that price broke out of the multi-term trend channel is a big deal
Commenti
IvanLabrie
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20 gen 2015 13:17
Big deal indeed, SNB got nervous and got it back on track (channel wise) :)
jangseohee
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20 gen 2015 13:21
the rest is history, price got SUCKed back into red channel
SNB has this channel in their offices :-)
moneymaking
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4 gen 2015 17:44
Hey jangseohee, Great Analysis. Thanks for sharing.
Good luck trading!!
jangseohee
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5 gen 2015 00:49
Yo Yo Moneymaking, its my pleasure to share my "boring" analysis with only channels and MAs.
Not the fanciful type.
Good luck to you too!
IvanLabrie
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4 gen 2015 13:11
Indeed, USD strength vs EUR/CHF (peg makes them react the same way) is definitely clear. Should be an interesting pair this year.
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