FullTimeTrader

USDCHF-bouncing on big triangle

Long
FX:USDCHF   U.S. Dollar / Swiss Franc
28
This pair is consolidating within a big triangle visible on monthly chart:

On D1 chart:

- parallel channel
- 0.61 fib retracement
- 1.61 fib extension
- MACD bullish divergence

No matter the results of the NFP news tomorrow i think the SL will hold. We can wait and look for an entry after the news also

Best regards.

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