USD/CHF: Trade Plan:   Since the Probability is bullish and the

Tian Kriek

Analyst


July 17, 2018 10:25 PM

BULLISH

Daily Trading Range: 53
USD/CHF: Trade Plan:   Since the Probability is bullish and the market is at a high  price I am standing aside on the USDCHF until the market  retraced back inside the brand new up AB boundary.    I am waiting for a buy trade at roundabout 0.9600 pivotal support which  may also be the right tip of the large bullish crown

Daily Chart

Daily Chart

Daily Support and Resistance

Resistance 3: 0.9900
Resistance 2: 1.0000
Resistance 1: 1.0300
Current Price 1.0040
Support 1: 0.9600
Support 2: 0.9500
Support 3: 0.9000

Two Hour Chart

Two Hour Chart

Other Currency Pairs

GBP/USD

Daily Trading Range: 93

BULLISH

AUD/USD

Daily Trading Range: 53

BEARISH

USD/CHF

Daily Trading Range: 53

BULLISH

Additional Currency Pairs