Yes! What you saw is correct...!!!
USDCHF - Price was retraced from 0.236 fibo level and reached 0.382 fibo level. Almost it hits the 0.382 fibo level but as a trend line it was hit the trend line its time to reversal to upwards. bottom bollinger band is toward to the candle also shows us a bullish movement. When RSI hit the 47 horizontal line (blue line) you can see there are couple of places shows you price was retrace to upwards. With all these USDCHF will bullish.
Take profit area mentioned as yellow box.
Note: Trade at your own risk and analysis is not based on any fundamental.
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USDCHF - Price was retraced from 0.236 fibo level and reached 0.382 fibo level. Almost it hits the 0.382 fibo level but as a trend line it was hit the trend line its time to reversal to upwards. bottom bollinger band is toward to the candle also shows us a bullish movement. When RSI hit the 47 horizontal line (blue line) you can see there are couple of places shows you price was retrace to upwards. With all these USDCHF will bullish.
Take profit area mentioned as yellow box.
Note: Trade at your own risk and analysis is not based on any fundamental.
Like us and Comment us for more.