stpenda

USDCHF Analysis

Long
FX:USDCHF   U.S. Dollar / Swiss Franc
Price has been in a strong downtrend for some time and price finally started an uptrend. Price broke above structure at 0.96930 and made a retest (HL formation), pushed up and came back for a double bottom (potential HL) at 0.97034.
Price gaped up today so i'll love to see price to come back to 0.97034 for a triple bottom with sign of exhaustion on the 15m. I'll enter at exhaustion.
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.