We've broken out of the long-term bearish trend.
I'm waiting for a retest of the descending trendline and then going for a buy.
This idea should be supported by fundamentals this week, with a dovish SNB and a hawkish NZB.
I'm waiting for a retest of the descending trendline and then going for a buy.
This idea should be supported by fundamentals this week, with a dovish SNB and a hawkish NZB.
Note
Moving as expected, will be looking for my buy around the area circled, this is the retest of the broken trendline with the confluence of the 61.8 Fib:
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.