USDCHF - 4HR 168 Idea - Div W pattern - Long Long

U.S. Dollar/Swiss FrancFXCM

Description

⋅ May 26, 2017 4:33 AM

USDCHF - 4HR 168 Idea - Div W pattern - Long

168 reversal W pattern formed
RSI trending in positive direction after DIV showing

Noting a deep crab completion at R3 monthly support, but looks like we reverse here first and possibly revisit later.

Comment

⋅ May 29, 2017 12:52 AM

If you have been very conservative and haven't bought yet.
Buy the break out here. RR not a good as last week, but still good..