Monday 20 January 2014

USD/CHF H4


General Overview for 20/01/2014:
The anticipated wave (v) to the upside is finally in progress and there is one more wave to the upside missing.

Support/Resistance:
0.9213 - WR1
0.9125 - Wave (iii) green high
0.9078 - Weekly Pivot
0.9044 - WS1
0.8951 - WS2

Trading Recommendations:
As long as golden trendline holds buying the dips is advised in anticipation of one more push to the upside.

The chart is BEFORE & AFTER kind of chart: the move top the upside with green arrows has been anticipated since 08th january 2014.


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