Another LONG break out trade
EUR/CHF is in a falling wedge pattern which is a great sign of bullish price action! This is being confirmed on the Monthly, weekly, and daily time frames. on the daily we have two long wicks rejecting support which can indicate a bounce to the upside. Yet again we wait for another break of the falling wedge to go long.
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.