USD/CHF: Swing Failure Emerging
TFx GANN | Feb 05, 2017 11:43AM ET
USD/CHF developed ultimate high at 1.03380 and after that has smooth downward movement gradually contracting and losing selling pressure and forming a falling wedge. Break out at 0.99395. Break out level is also GANN 90 degree level rejection critical point of swing failure formation. Go long on swing failure formation confirmation. Level needed to monitor for expected resistance are GANN 90 and 45 degree levels. Keep trailing SL.
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