USDCHF 30min Analysis January 18th, 2021
Price is at our key supply zone but also falls on the neckline of the inverted H&S that we can see on the 4h timeframe.
Trade Scenario 1: Bearish - For us to go short we want to see price fall below .8905. We will then wait for a retest of this zone and for .8905 to flip as resistance. Enter on strong bearish setups.
Trade Scenario 2: Bullish - For us to go long we want to see price break above our key weekly level at .8919 with conviction. We will then wait for a retest and for our weekly level to act as support. Enter on strong bullish setups.
Trade Scenario 1: Bearish - For us to go short we want to see price fall below .8905. We will then wait for a retest of this zone and for .8905 to flip as resistance. Enter on strong bearish setups.
Trade Scenario 2: Bullish - For us to go long we want to see price break above our key weekly level at .8919 with conviction. We will then wait for a retest and for our weekly level to act as support. Enter on strong bullish setups.
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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.