TradeswithTrend

USDCHF Bullish Trend Reversal Setup on Daily

Long
FX:USDCHF   U.S. Dollar / Swiss Franc
Highlights:
- Price has broken to the upside of the consolidation on the daily chart
- Previous resistance has become support now
- Price retesting the support level
- Momentum strengthening shows bullish sign

Market Trend:
- Price formed higher high & higher low indicates an uptrend market

Momentum:
Bullish momentum on Daily chart

Opinion:
- Look for Long opportunity

Comments

Interesting idea, upvoted!
Reply
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