USDCHF Buy Possibility
USDCHF is currently approaching my 50% fib zone where it interacts with a trendline from the daily time frame. A strong possibility of a reversal here for the long side. However, if broken and retested the blue trendline which is also from the daily trendline interacts with the 38.2% fib level where long side opportunities are likely. Candlestick confirmation will be used before entering any trades.
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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.