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raygalla

Beginning of Trend

Long
U.S. Dollar / Swiss Franc (FX:USDCHF)  
raygalla Updated   
FX:USDCHF   U.S. Dollar / Swiss Franc
Trend Lines Support and Resistance Wedge newbie
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trendline supportandresistance wedgepattern newbie
This Chart show a very basic Trend line in green with three connection points acting as support.
It also show a Red resistance line at the top.

Assumption:
Price will bounce for a fourth time of the green trend line towards to top resistance line in red.

Assumption:
This could be the begining of a Trend
Comment:
Green Trend line acted as support. Will e interesting to see will it retrace off the red resistance line or breakthrough and ecome support.
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