USDCHF - LONG POSITION (4HR)
USDCHFCONFLUENCES:
- Bullish market structure confirmed by MA crossover
- Break out from previous area of resistance
- approaching 71% fib & minor support area, I will look for rejection from this area before entry
- Inverse head & shoulders pattern formation
- Elliot wave 5th leg
- rejection of Daily 51 EMA
Trade active
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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.