pbmalla77

Short term long Strategy

Long
FX:USDCHF   U.S. Dollar / Swiss Franc
Notice the resistance at top of green box 0.94067 (Fair market value) and support & Resistance at Equilibrium 0.93457.
Wait for price to retrace back into green box and hunt for bullish Price action for long. Allow the price to move upto Equilibrium. If price breaks below the equilibrium and closes, strategy no longer valid.
Long @ 0.94067 or 0.93457. Target 0.96400
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.