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BayonetMarkets

USDCHF 4HR Long Trade

Long
U.S. Dollar / Swiss Franc (OANDA:USDCHF)  
BayonetMarkets  
OANDA:USDCHF   U.S. Dollar / Swiss Franc
Chart Patterns Trend Analysis USDCHF usdchflong swissy fed federalreserve breakout
4
2
chartpattern trendanalysis usdchf usdchflong swissy fed federalreserve breakout
USDCHF has been stop hunting over the last two weeks.
We have had a false break below, and now we are trading above the 4hr descending wedge.
Given the re-test and bullish confirmation, and the amount of room above to move, I am happy to take a long position.
I will be monitoring the Ichimoku support levels and the Fib retracement points.
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