MY THOUGHTS ON USD/CHF
USD/CHF 1D - This is one of the only pairs thats close to providing us with an opportunity at the moment, so I am going to provide you all with a breakdown on my thoughts for this pair.
As you can see price has traded us in a bullish way since trading into the area of Demand below, I am expecting this to continue, trading us up and into the Supply Zone above.
Before price does that we can expect a fractal correction to take place trading us down and into the Demand Zone below, this giving us the opportunity to get involved in this market with a refined entry.
Once price trades us down and into this we want to see price reject well, breaking structure fractally to the upside suggesting an end to this current correction before a continuation higher. When we have been delivered with that we can look to enter.
As you can see price has traded us in a bullish way since trading into the area of Demand below, I am expecting this to continue, trading us up and into the Supply Zone above.
Before price does that we can expect a fractal correction to take place trading us down and into the Demand Zone below, this giving us the opportunity to get involved in this market with a refined entry.
Once price trades us down and into this we want to see price reject well, breaking structure fractally to the upside suggesting an end to this current correction before a continuation higher. When we have been delivered with that we can look to enter.
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