USDCHF Pending Long Trade - Power of Fib
Trade what see:
USDCHF very over extended after a huge bullish run.
This run came to an end and the market peeled back to its 21.8% retracement level.
Give the USD sentiment at the moment, this trade has great potential for another leg higher.
First of all we need to break the resistance trend line.
Will update once position is live.
USDCHF very over extended after a huge bullish run.
This run came to an end and the market peeled back to its 21.8% retracement level.
Give the USD sentiment at the moment, this trade has great potential for another leg higher.
First of all we need to break the resistance trend line.
Will update once position is live.
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.