CHF/USD

Hi Monkeyz - hope your well mate - just an observation but look what level the measured move of the large H&S break currently in play is... not far to go ?




dl.dropboxusercontent.com/u/40497882/USDCFH_weekly.JPG

rgds WS

Possibly however there is quite a bit of bearish momentum with this pair at the moment. The RSI is showing oversold however there looked to be a bit of a backtest of .89660 on the daily and 4H today.



dl.dropboxusercontent.com/u/24866576/Oct...sdchfh4%20231013.png

Good luck!
M.

worth a long from 0.8927 with a 40 point stop on a first attempt basis.


dl.dropboxusercontent.com/u/4899609/chfusd23rdoct.png

Possible 123 low breakout???

dl.dropboxusercontent.com/u/4899609/chfusd9thoct.png

Here is an hourly chart as well. This clearly shows this is a trading range.
Its always good practice to look at a few different time frames


dl.dropboxusercontent.com/u/4899609/chfusdhourly.png

This looks like its at the bottom of its range.
The RSI has turned up so maybe getting ready to go back up???
Theres also a few doji so indecision. Thats my main reason for this trade as there are better levels below to go long like 0.9019
Ive gone long on this and have my stops below 0.9078.

dl.dropboxusercontent.com/u/4899609/chfusd24thsept.png