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UnknownUnicorn180388
Mar 3, 2019 8:49 PM

U.S. Dollar / Swiss Franc - Failed Acceleration Long

U.S. Dollar/Swiss FrancFXCM

Description

Symbol: USD.CHF - U.S. Dollar / Swiss Franc
Timeframe: Weekly, Daily and 4 hour
Predicted Direction: Long

USD.CHF - U.S. Dollar / Swiss Franc updates will be available in the comments section below.

Comment

The 4-hour descending trendline has failed to hold structure resistance starting this weeks session.
Additional development is required but it's a great start.

Comment

A clean breakout of the 4-hour descending trendline.
Intraday consolidation period is now expected and required.
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