Happy new year to all you guys!
On this right weekly chart, we found that USDCHF would have trouble to make a new high. Because its still inside the down trend. And right now it just start its weekly wave 3 down after a non-stop wave 2 up.
On daily chart, its bearish on daily chart too. And we only use Fibo to calculate its target. The farthest position we could see is Fibo 100: 0.95385. That makes 400 pips from the upper line of the bolligner bands.
Our signal open last week is still valid, please keep it with SL.
Good luck!
Less is more!
On this right weekly chart, we found that USDCHF would have trouble to make a new high. Because its still inside the down trend. And right now it just start its weekly wave 3 down after a non-stop wave 2 up.
On daily chart, its bearish on daily chart too. And we only use Fibo to calculate its target. The farthest position we could see is Fibo 100: 0.95385. That makes 400 pips from the upper line of the bolligner bands.
Our signal open last week is still valid, please keep it with SL.
Good luck!
Less is more!