BTC $63,446.00 ▲ 0.67% ETH $1,874.33 ▲ 0.39% USDT $0.9992 ▲ 0.01% BNB $584.20 ▼ 0.89% XRP $1.08 ▲ 2.02% SOL $73.37 ▲ 0.64% DOGE $0.0703 ▲ 0.71% SHIB $0.00000499 ▲ 2.73% PEPE $0.00000294 ▲ 5.90% BTC $63,446.00 ▲ 0.67% ETH $1,874.33 ▲ 0.39% USDT $0.9992 ▲ 0.01% BNB $584.20 ▼ 0.89% XRP $1.08 ▲ 2.02% SOL $73.37 ▲ 0.64% DOGE $0.0703 ▲ 0.71% SHIB $0.00000499 ▲ 2.73% PEPE $0.00000294 ▲ 5.90%
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Piyasa Stablecoin

USDCHF - BULLISH BIAS

USDCHF - BULLISH BIAS

USD/CHF OANDA:USDCHF

USDCHF - BULLISH BIAS

~ WEEKLY - We can see price breaking the neckline of a H&S pattern, and coming back to retest it. Price has also been moving above the EMA, giving us another signal of a continuation of the uptrend.

~ DAILY - We wait for price to pull back to the AOI which is a strong fib level, psychological level and most importantly, multiple rejections making it a strong support level.

Overall, I have a bullish bias based on the Weekly timeframe.

As price moves down to my level, I will wait for my confirmations across multiple timeframes and see how price reacts.

#forextrading #tradingeducation #swingtrader #tradingstrategy #mjswings

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