USDCHF | Perspective for the new week

The momentum drive on the USDCH has been bullish since the beginning of the year and the sudden breakout of the bearish trendline identified on the daily timeframe is likely going to be a confirmation in that regard. In this video, I shared my technical opinion on my expectation this week as I look forward to a potential rally continuation.

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Past performance is not necessarily indicative of future results.

การซื้อขายยังคงดำเนินอยู่:

The week has started on a bullish note. Should there be a retracement at this juncture, I will be preparing to join the potential rally.

Good morning

ความคิดเห็น:

Just like my expectation in the USDJPY; I am expecting a buying opportunity around the 0.96200 zone and if not I am passing this trade

Good mornig

การซื้อขายยังคงดำเนินอยู่:

After missing out on the bullish momentum that the week began with; it appears that a trading opportunity is evolving in the 15-minute timeframe as there have been multiple attempts from the buyers at the 0.97580 area in the last 11 hours. So, I will be looking for confirmation in the form of a retest to join the potential rally

ปิดการเทรด: ถึงเป้าหมายการทำกำไร:

Profit took; are we going to be witnessing another retest of 0.97580 to join another potential rally or is there going to be a breakdown of this zone? Lets see what happen in the next couple of hours.

Good morning

การซื้อขายยังคงดำเนินอยู่:

I just sighted multiple rejections of the 0.97850 zone by the buyers. Looking to join the potential trend continuation.

ความคิดเห็น:

I just sighted multiple rejections of the 0.97850 zone by the buyers on my 5 minutes timeframe. Looking to join the potential trend continuation.

การซื้อขายยังคงดำเนินอยู่:

Close to my TP, locking in some profit

ปิดการเทรด: ถึงเป้าหมายการทำกำไร:

Hit my TP a couple of hours ago with 100pips in profit. So, with the current structure - I want to see how the price will react to the 0.98010/0.98000 area. If there is a structure supporting a trend continuation on lower timeframes, I want to prepare for another potential rally.

การซื้อขายยังคงดำเนินอยู่:

Price is right back within the 0.98010/0.98000 area hence I am taking advantage of a rejection of this zone to the upside.

Good morning

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