Possible long opportunity on USDCHF
Price recently broke out of the descending channel and seems to be retest resistance of the descending channel (0.9140)
Checklist for entry:
- rejection at 61.8% fib level
- rejection at 4h EMA and descending channel resistance
- bullish confluence among MACD and RVI
Price recently broke out of the descending channel and seems to be retest resistance of the descending channel (0.9140)
Checklist for entry:
- rejection at 61.8% fib level
- rejection at 4h EMA and descending channel resistance
- bullish confluence among MACD and RVI
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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.
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.