USDCHF has seen a bearish butterfly in formation but the point D needs a few days to reach. Despite that, we also noticed USDCHF on bullish trend according to Ichimoku, MACD and EMA(34), so a buy trade could be done before the point D is finally formed. If price could reach to D, we could start a short trade then !
Trade closed: stop reached
Unfortunately price failed to make further push up !
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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.