This consolidation is likely to be followed by an upward move (wave 5). USDCHF may be starting a bullish trend.
P.S: This content is for educational purposes and discussion.
Good luck.
P.S: This content is for educational purposes and discussion.
Good luck.
Trade active
Note
The structure seems to be still corrective, a move downward to test the low is still possible.It would be good to take some profit or to move your SL to entry point. We will be looking for another entry to buy.
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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.