USDCHF ____ INCOMING BULLISH RALLY
Hello Traders,
I'd keep this simple... Price traded into a strong demand level and on the weekly timeframe, a CHOCH is evident (look at your weekly timeframe).
Last week, the price hunted the trendline sell-side liquidity and I speculate that the price could trade to the daily order block just below sell-side liquidity (equal lows).
Also, the dollar index also gives a view that the dollar will rally which supports the view on USDCHF.
Follow me for more updates.
US DOLLAR INDEX ANALYSIS
https://www.tradingview.com/chart/USDOLLAR/a2wwuSkq-US-DOLLAR-INDEX-INCOMING-BULLISH-RALLY/
Cheers,
Jabari
I'd keep this simple... Price traded into a strong demand level and on the weekly timeframe, a CHOCH is evident (look at your weekly timeframe).
Last week, the price hunted the trendline sell-side liquidity and I speculate that the price could trade to the daily order block just below sell-side liquidity (equal lows).
Also, the dollar index also gives a view that the dollar will rally which supports the view on USDCHF.
Follow me for more updates.
US DOLLAR INDEX ANALYSIS
https://www.tradingview.com/chart/USDOLLAR/a2wwuSkq-US-DOLLAR-INDEX-INCOMING-BULLISH-RALLY/
Cheers,
Jabari
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Declinazione di responsabilitÃ
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.