UnknownUnicorn911750

USD/CHF POTENTIAL 'BULLISH' 50ema FLAG - LONG

Long
FX:USDCHF   U.S. Dollar / Swiss Franc
M, PRICE BROKE ABOVE 50EMA END OF MONTH HOPING TO STAY ABOVE FINALLY. AFTER 123 CGR4D FROM 1 YR AGO. PRICE TOUCHED '2' AND RETRACED DOWN BACK TO '3' WHERE CANDLESTIX FORMED ON THE WAY DOWN AND FINISHED AT 3 LEVEL. W, DOUBLE BOTTOM AND POTENTIAL CANDLESTIX AND FROM LAST D. 123 WE CAN SEE PRICE ON W, TOUCHING '2' TO GO BACK UP FROM (M) 3 LEVEL. D, WE HAVE A GR4D ABOVE CURRENT CANDLE AFTER BREAK ABOVE 50ema And price swinging in a uptrend like a staircase. time to make a higher high. we have 4hour ptentrial 'bullish' flag. last 4hr was a GR4D where we based lower channel line from & we have candlestix within Flag aswel.. Also price is near to bouncing off 50ema as support and we have a candlestix for SL.

IF THIS TRADE PROGRESSES WE WILL LOOK ON FOR FURTHER BULLISH SIGNALS AND TARGETS. TO REACH OUR M, CGR4D AND FINALLY CLOSE ABOVE '2'
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