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USDCHF – Sellers are leaders to this currency pair
Trend: Strong Sell
Support/Resistance:
R2: 0.98760
R1: 0.98405
S1: 0.98061
S2: 0.97705
S3: 0.97376
S3: 0.97135
Price action:
Sellers momentum are reaching higher and stronger momentum on chf currency. This means that if we can hold below 0.98061 level, than we can following Elite targets. This chart might be confusing to many traders, but following Elite strategy will bring you huge value.
Potencial trade idea:
Bulls targets:
T1: 0.98760
Bears targets:
T1: 0.97705
T2: 0.97376
T2: 0.97135
NOTE – We are trading USDCHF via the preferred trading setups
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Disclaimer: Martin’s views on the Chart analysis is ment as a trading advice for education terms; Education terms include: trading consistency to everyone who is reading this blog; for every advance student and for every Elite student who is using this analysis for managing his equity by Elite strategy and custom indicator. This analysis is understandable and transparent for all Elite students. This is a free content which is based from Academy in term of transparency to support and following progress to everyone. We know that there is always possible way that market can pull you out even when you follow our analysis blog and advice for a trade. We don’t publish where you have to have your risk management – Stop Loss, because, it would not be fair to Elite members, who learned this techniques in our Elite course.
Keywords:
Elite strategy, Custom Indicator, Fundamental Analysis , Tehnical analysis, Price action, Advanced strategies, Trading Education
Good trading!
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