Genghis

USD/CHF - L Squared... Hunting for the long entry

Long
FX:USDCHF   U.S. Dollar / Swiss Franc
  • Rally above Jan's high
  • Broken bearish trend line set up from 2003
  • Weekly stochastic TL set up... waiting on 4th point

Looking to buy using this
1) recent inverse H&S
2) bullish TL (~0.9577) ... points pattern set up with 5, 10 wks... is 20 wk gap gong to be new low?
3) if that fails eye on 5th point of bullish TL and 50% fib retracement level (~0.9268)


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.