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

Tian Kriek

Analyst


May 23, 2018 10:17 PM

BULLISH

Daily Trading Range: 56
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 shall also wait for the StochasticRSI to be in the buy zone before buying

Daily Chart

Daily Chart

Daily Support and Resistance

Resistance 3: 0.9600
Resistance 2: 0.9690
Resistance 1: 1.0000
Current Price 0.9942
Support 1: 0.9150
Support 2: 0.9100
Support 3: 0.9000

Two Hour Chart

Two Hour Chart

Other Currency Pairs

EUR/USD

Daily Trading Range: 85

BEARISH

GBP/USD

Daily Trading Range: 105

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USD/CAD

Daily Trading Range: 94

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Additional Currency Pairs