USDCHF oversold , divergence on 4hr chart, crossing trend line. buy the pull back into 0.38 fib retracement.
Note
resistance at 0.236 fibNote
watch for HnS formation to confirm pullback. , else get out of tradeNote
right shoulder forms, testing neckline.Note
first test of neckline , rejectedNote
2nd test necklineNote
neckline broken, just broke 100Hr MA. retest 100Hr MA as supportNote
pop above neckline on tradewar news. TP before G20 weekend or take half.Note
testing 0.38 fib retracement. 1st target reach. 2nd target 0.5 fib retracementNote
2nd target reached after trump xi trucedTrade closed: target reached
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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.