US Dollar vs Swiss Franc D1 Live Forex Chart
USDCHF,D1 Chart By dadotradez
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pretty much on the spot with the last comment, just shy; would've been a nice trade. the usdchf trends nicely and i enjoy it.
possible bullish pinbar forming at .89721, if it holds at close then we can look for a rise to .90500 (red arrow)
.90390 blue line as an "intermediate" (read: not major s/l level), looking for .91000 at which point hunt for setups begins; i'm personally optimistic on the usd blasting through the balls here with an eventual jump to .9200 but i don't want to get too far without any chart support; i'm just dreaming a little and that's ok
the usdchf trends nicely with distinct patterns and easily discernible s/l lines, so it's a nice pair to watch, might be my favorite for those reasons
the red arrow points to a bullish pinbar which is not so pretty on my mt4 platform, because the chart we're looking at counts the brief sunday trading session as a separate candle; my broker combines the sunday and monday sessions into a single candle which leads to more distinct and reliable signals.
but still,
it's still a bullish pinbar even on my mt4 and even though i didn't feel comfortable enough to trade it i am watching the pair for a rise to .91 support/resistance level and then i'll look for setups at that line
but still,
it's still a bullish pinbar even on my mt4 and even though i didn't feel comfortable enough to trade it i am watching the pair for a rise to .91 support/resistance level and then i'll look for setups at that line