IanColeman

USD/CHF building a Gartley in front of tonight’s FOMC minutes

看空
OANDA:USDCHF   美元 / 瑞士法郎

The daily chart highlights spikes in both directions for the last four days. This is a clear indication of investor indecision in front of tonight's FOMC minutes.
The intraday chart highlights volatility over the US Retail Sales yesterday. The cross has managed to regain most of the initial losses.
From a technical perspective, we will build a bearish Gartley formation on a move to 0.8810.
If we trade at this completion barrier when the FOMC minutes are released this evening, I will be looking for a bearish reversal confirmation in USD/CHF (to play a short USD move).
Downside targets will be:
• 0.8690. This is a 161.8% extension and the previous swing low.
• 0.8611. This is a 78.6% pullback level and close to the 261.8% extension level of 0.8604.

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。