USDCHF Long Opportunity

FX:USDCHF   U.S. Dollar / Swiss Franc
Potential Long opportunity on USDCHF             4Hr Chart

Reasons for entry:
- 200EMA resistance
- RSO             Oversold
- General Uptrend
- Price hitting previous resistance/now support

Exit strategy
- R:R of 1:5
Oh, well - that got stopped out quickly. Keep waiting for a bullish candelstick pattern for possible 2nd Long entry - might go all the way to the 800EMA
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