inverse head and shoulder forms on USDCHF chart we will take long position once candle close above trendline and confirms h&S pattern as well strong breakout of trendline for target of 1.0355
CHFUSD trade ideas
SWISSY FIZZYUSD/CHF HAS BEEN FACING RESISTANCE FROM THE FALLING TRENDLINE. ITS LIKELY TO FALL FURTHUR. USD/CHF CAN BE SHORT IN THE RANGE 1.0050-1.0040 WITH A STOPLOSS ABOVE 1.0080 FOR TARGETS OF 0.97500
USDCHF4H resistance
Trendline break
Awaiting bearish fib,Counter trendline break and MA crossver.
-Based on daily TF,after a strong bull rally a retracement is due.on the 4H based on a drawing of a bullish fib set up from the nearest pivot on this timeframethe 50 and 61.8 levels align with a weekly key level area
USDCHFBreakout of bearish channel
New uptrend-Higher lows,supported by trend line
current level of support at 0.99630 area has gppg historical confluence
Waiting on potential 61.8 retracement for continuation of current upward momentum
