OuroborosTrades

USDCHF Chart Analysis (04.17.2023)

Long
EIGHTCAP:USDCHF   U.S. Dollar / Swiss Franc
Hey, Hey Hey! Welcome back to another week and another opportunity to be great. Below you'll find my chart analysis for USDCHF and why I believe it's going to short.

The major move for UCF is believed to be long for the following reasons:
-Price is making higher lows
-There is bullish order flow present (Bullish OB's)
-There is a broken pivot low (Bearish OB) resulting in a ChoC
-Price is in a secondary bullish trend with a primary bearish trend broken and retested

I hope you find value in my analysis. Happy trading this week!
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