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USDCHF DAILY WED OCT 10 2018 @ 8 20 AM

The pair has been consolidating up at weekly resistance for several days.  Strength entered the pair 5 candles ago and that strength has yet to be tested.  The pair wants to move down to test strength but, as long as retail buyers keep entering the market way up here price will hang out near resistance.  I see major retail accumulation up here on the 4hr.  When the fall comes it may be hard, fast, and tragic..

Waiting for some show of weakness here.  The trend is up but, price needs to break into or out of resistance before longs are considered.  The pair has some work to do to clear the path overhead…

 

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USDCHF DROPDOWN ANALYSIS MON OCT 1 20 18 @ 7 55 AM

 

0 USDCHF WK sup res mqllock  SUN SEPT 9 2018

 

BREAKINS – USDCHF FRI NOV 17 2017 @ 7 40 AM