USDCHF Might Target Weekly R1 Pivot shall the trendline break

Updated
There might be a possibility of the current descending trendline break on 4H charts, which if happens the price might move to the swing high at WEEKLY R1 pivot. Shall the trendline break, it is advisable to assess the RR and if feasible a LONG entry can be taken.

Shall the criteria meet, i will update the entry details in this thread
Order cancelled
TRADE INVALIDATED. 4H CANDLE SHOT UP WITH BIG MOVE HITTING THE TARGET IN PROCESS
4hChart PatternsExponential Moving Average (EMA)fedTechnical IndicatorsLONGSupport and ResistanceswingtradeTrend AnalysisTrend LinesUSDCHFWeekly Pivots

Related publications

Disclaimer