USDCHF ____ INCOMING BULLISH EXPANSION

22 May 2023

Hello guys,

If you follow me already, you will know that I get my directional bias from the dollar index. In my previous post on the dollar (inserted below) I stated that I am bullish on the dollar which would mean I am bearish on USDCHF.

As you may see on my chart, I expect the price to run into my POI after inducing early buyers as marked on the chart before the continuation of the bearish move from last week.

You will also notice that we have sell-side liquidity just inside the POI and also a daily FVG which will draw price to it.

If you like this, check out my profile for more.

DXY ANALYSIS
https://www.tradingview.com/chart/USDOLLAR/QJ3HIReq-US-DOLLAR-INDEX-BULLISH-CONTINUATION/

EURUSD ANALYSIS
https://www.tradingview.com/chart/EURUSD/MnU3U6je-EURUSD-INCOMING-BEARISH-MOVE/

GBPUSD ANALYSIS
https://www.tradingview.com/chart/GBPUSD/R2gseMu5-GBPUSD-INCOMING-BEARISH-MOVE/

Cheers,
David

24 May 2023

İşlem aktif

26 May 2023

İşlem kapandı: hedefe ulaştı

Target reached.

Onto the next