USD/CHF Long-Term Trend: Bullish
Key Resistance Levels: 0.93269, 0.93684, 0.94307.
Key Support Levels: 0.92537, 0.92178, 0.91942.
1-Hr Time Frame:
The price on the higher time frame the price posted a Wycoff accumulation phase which led to a change in the direction of the trend. A slight correction has been posted near the resistance zone where we expect a new bullish impulsive wave to the upside.
USD/CHF Medium-Term Trend: Bullish
15-Mins Time Frame:
On the lower time frame, the price succeeded to break the bullish flag to the upside after finding bulls near the 61.80% Fibonacci retracement level. A lower correction could be seen to the highlighted zone before a new wave toward the target profits.
Buy Limit Order @ 0.92590
TP 1 @ 0.93226
TP 2 @ 0.93684
Stop Loss @ 0.92305
Trade Safely 🙂