Fxprotrader

USDCHF: Buy Opportunity For More Than One Reasons

Long
FX:USDCHF   U.S. Dollar / Swiss Franc
Price has dropped massively and has now reached to a slide parallel of an upsloping median line whereithas been rejected more than once. At the same level we have a 0.786 fib retracement of previous upmove and previous structure. Overall we are in an uptrend and with an active slope i will go long from current level with sl and tp as shown at the chart.
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.