FullTimeTrader
Long

USDCHF-another bounce from 0.9500?

FX:USDCHF   U.S. Dollar/Swiss Franc
260 1 4
I've been succesfully longing this pair at this level.

Doing a top down analysis at W1 chart we see the price is respecting the main pivot point and strong support:
snapshot


On D1 chart we have the first convergence, this level usually is reached after a pullback.
snapshot


Here on H4 chart we have a potential bullish bat and a tripple bottom. I will try to enter as close as 0.9500 to have a better R/R ratio.

Regards

good choice ! took that too !
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