USDCHF LONG
USDCHF has been in Bearish trend from a couple of days and now hints a Bullish reversal. There are more than one signs of Bullish reversal including:
If you are looking for perfect Entry points, here are few tips:
1) Morning Doji and Inverted Hammer is often seen at the end of Bearish trend. Wait for any of these Candlestick patterns.
2) Whenever it forms a bullish trend, majority or almost all of the successive candles are green on 1d timeframe till the Trend lasts.
This is what my analysis says, Let's see.
- Bullish Bat on W chart
- Bullish Bat on W chart
- Bullish Flag
- Divergence on MACD and RSI
- Aggressive Red candles in the first half of NOV need an answer
- Respect of 0.236 Fib channel Trendline on Lows
If you are looking for perfect Entry points, here are few tips:
1) Morning Doji and Inverted Hammer is often seen at the end of Bearish trend. Wait for any of these Candlestick patterns.
2) Whenever it forms a bullish trend, majority or almost all of the successive candles are green on 1d timeframe till the Trend lasts.
This is what my analysis says, Let's see.
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