USD/CHF - Breakout pending
Updated
Will be looking to take a long position on USD/CHF based on the following reasons:
- 0.618 fib support held strong
- Inside a falling wedge which is normally a sign of reversal
- Following NFP earlier this month, the dollar has seen unprecedented strength, therefore I expect this to continue
As always, trade safe
- 0.618 fib support held strong
- Inside a falling wedge which is normally a sign of reversal
- Following NFP earlier this month, the dollar has seen unprecedented strength, therefore I expect this to continue
As always, trade safe
Trade closed: stop reached
False breakout!
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