Looking at the Weekly-timeframe development on USDCHF, it can be examined that the current Weekly candle has broken above the previous Lower Low region lining up with the descending trend-line connecting three Lower High tops.
If the Weekly candle manages to close above the penetrated resistance level, we will look into going long and aiming for the upside.
On the other hand, if a massive wick candle is printed and the price closes below the same resistance zone, our bias will remain bearish.
All in all, let's observe how the price develops and derive logical conclusions based on that.
If the Weekly candle manages to close above the penetrated resistance level, we will look into going long and aiming for the upside.
On the other hand, if a massive wick candle is printed and the price closes below the same resistance zone, our bias will remain bearish.
All in all, let's observe how the price develops and derive logical conclusions based on that.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。