$Qualcomm (QCOM.US)$ BULLISH scenario: If the price effectively bounced on the support zone , a propper invalidation zone for it would be 120 (there, we will start thinking that the level was absolutely broken)The target we will use for this idea is the white descending trend 142.00. There we will be open to rejections.
BEARISH scenario: If the price is able to break the support zone reaching a price of 117.00, we will expect a pullback towards the broken support level . IF that happens, a new low on that pullback would confirm the bearish movements with a target on 100
BEARISH scenario: If the price is able to break the support zone reaching a price of 117.00, we will expect a pullback towards the broken support level . IF that happens, a new low on that pullback would confirm the bearish movements with a target on 100
$USD/CHF (USDCHF.FX)$ The price is congested in a range. There is a high probability of filling the gaps and with a strong upward move the cycle may be finished. We project our entry at 0.92369 stop loss at 0.92875 and take profit 0.91937 .