USDCHF Positional Analysis based on Daily/H4 TFs
Swing Low: 0.7867
Swing High: 1.0240
Retracement Levels: 0.9596, 0.9264, 0.8998, 0.8733, 0.8532, 0.8351
Resistances: 0.9981/1.0127/1.0240
Supports: 0.9596/0.7867.
As of now, USDCHF, broken important support level 0.9630.
As per my analysis, If USDCHF resisted, 0.9981/1.0127/1.0240, I expect more down fall, and my targets are:
0.9590 (done), 0.9512, [0.9439], [0.9322], 0.9264, 0.9130, [0.9000], 0.8940, [0.8823], [0.8733], 0.8631, [0.8532 level to watch, if reaches here], 0.8514, 0.8351, 0.8325.
For any SELL, now 0.9985/1.0130 (max). POSITIONAL VIEW.
As per my today's call
6:43 AM
SELL USDCHF at cmp 0.9669 or between 0.9870-1.0020, max sl: 1.0140, TGTs: 0.9590, 0.9515, 0.9440,[0.9321], 0.9262, 0.8997, [0.8830],0.8731, 0.8530. POSITIONAL. Low 0.9570, 4:00 PM IST.
First target already hit. 6:00PM IST 0.9557.
PRESENT CHART 26-MAR-2015
SELL ON RISE IS THE STRATEGY AS PER MY VIEW.
TRADE AT YOUR RISK.
Swing Low: 0.7867
Swing High: 1.0240
Retracement Levels: 0.9596, 0.9264, 0.8998, 0.8733, 0.8532, 0.8351
Resistances: 0.9981/1.0127/1.0240
Supports: 0.9596/0.7867.
As of now, USDCHF, broken important support level 0.9630.
As per my analysis, If USDCHF resisted, 0.9981/1.0127/1.0240, I expect more down fall, and my targets are:
0.9590 (done), 0.9512, [0.9439], [0.9322], 0.9264, 0.9130, [0.9000], 0.8940, [0.8823], [0.8733], 0.8631, [0.8532 level to watch, if reaches here], 0.8514, 0.8351, 0.8325.
For any SELL, now 0.9985/1.0130 (max). POSITIONAL VIEW.
As per my today's call
6:43 AM
SELL USDCHF at cmp 0.9669 or between 0.9870-1.0020, max sl: 1.0140, TGTs: 0.9590, 0.9515, 0.9440,[0.9321], 0.9262, 0.8997, [0.8830],0.8731, 0.8530. POSITIONAL. Low 0.9570, 4:00 PM IST.
First target already hit. 6:00PM IST 0.9557.
PRESENT CHART 26-MAR-2015
SELL ON RISE IS THE STRATEGY AS PER MY VIEW.
TRADE AT YOUR RISK.
