Buy Opportunity on USDCHF
We could be seeing a potential buy setup forming. Price has had a strong bullish rejection away from a long-term support level and strong bullish market structure ever since.
We've now broken and retested a Significant Daily Level that seems to be rejecting with bullish pressure. I'll be waiting for price to close past the recent highs before thinking of placing any buy orders. Just keeping my eyes peeled for this one.
We've now broken and retested a Significant Daily Level that seems to be rejecting with bullish pressure. I'll be waiting for price to close past the recent highs before thinking of placing any buy orders. Just keeping my eyes peeled for this one.
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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.