Listen guys, for Swing Trade always look for the Weeky Candle Closer.
If we see the weekly chart in USDCHF we can see clearly we rejected multiple times 1.000 level (crucial level for the pair) and we ended with a bearish englulfing ( marubozu candle) a big one. My directional bias for this pair is Bearish , wait for a daily retracement
I'm looking forward to sell this par if it comes at 0.9920.
Why 0.9920 ? - cuz you can see even in smaller timeframes that is a level where price jumped.
My first target would be the weekly support then 0.9693 and the last 0.9500 key Level.
Weekly TF
If we see the weekly chart in USDCHF we can see clearly we rejected multiple times 1.000 level (crucial level for the pair) and we ended with a bearish englulfing ( marubozu candle) a big one. My directional bias for this pair is Bearish , wait for a daily retracement
I'm looking forward to sell this par if it comes at 0.9920.
Why 0.9920 ? - cuz you can see even in smaller timeframes that is a level where price jumped.
My first target would be the weekly support then 0.9693 and the last 0.9500 key Level.
Weekly TF