My opinion : to confirm bullish bias USDCHF needs to regain 0.94 level. I think the point here is to short CHF , and in terms of timing EURCHF is better.
IvanLabrie
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EURCHF offers a potential good long now as well, we'll see.
GBPCHF or AUDCHF are interesting.
Realisto_FX
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Yes , On Monday I will open another long on GBPCHF . AUDCHF needs closing higher closing to confirm
IvanLabrie
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Depending on your technique.
Worth keeping tabs of these pair for sure.
Have a nice weekend!
workingtraders
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Hey Ivan. Good quality stuff. Did you enter long?
IvanLabrie
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I did, but I got stopped and didn't re enter...was a terribly busy day at work sadly.
IvanLabrie
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1 bar margin of error for swing duration here. The high was on bar 8.
Ok, seems like there's a great long entry waiting to happen here.
I'll let it fall if it continues to fall, and buy after the downtrend expires.
IvanLabrie
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There's some room for further upside before an optimal short entry materializes.
SunnyBTC
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Hey. Thanks for the chart, I agree completely. It's one i'm watching too. What kind of confirmation are you watching for?