from daily timeframe. this zone is good to go for swing long if there is valid entry.
gu retracement to 0.50 =)
eu going bullish for a week. bullish momentum might be exhaustion. might retrace on 0.38 fibo or 0.61.
=)
this setup only valid if eu form double top. and if eu break and close above resistance. this setup not valid. and go for long. good risk to reward.
price accumulate in channel. best way to get in this pair , wait for confirmation breakout. =)
if gold price breakout the resistance. i will wait for the pullback when gold making HL. if gold rejected again , i ll buy on trendline support.
on tf h4. i think eu on bear flag pattern. best place to sell on top of the channel or sell after it retest. =)
if price in tf h4 close in that zone. we could considering to go for short. low risk. SL above the line.
it show rejection on resistance in tf h4. lets wait for candle to close for confirmation to go short.
breakout and retest. price start to go up after testing support. =)
at the moment im waiting for long setup to put entry. =)
wait for next h4 candle to close. and monitor h1 price if there is sign of rejection.
good r:r for long. =)
monitor the price on the zone. if pirce start to build rejection. you may short usdchf. low risk high profit. =)
may it help you. =)
break and retest on SnD zone. =)
