USD/CHF Long

By Woodenlamp
Updated
A strong bearish trend in previous days has decreased in power as price reaches an area of supply. a decently sized engulfing candle on an area of support signals a strong buy signal with a Risk-Reward ratio of 2.2.
Trade active
Please note that this was a pending order, thus the SL was not triggered and is still running.
Trade closed: target reached
Chart PatternschfLONGTrend AnalysisUSD

Disclaimer