U.S. Dollar / Swiss Franc

Long

USDCHF oversold , buy the pull back.

Updated

USDCHF oversold , divergence on 4hr chart, crossing trend line. buy the pull back into 0.38 fib retracement.

Note

resistance at 0.236 fib

Note

watch for HnS formation to confirm pullback. , else get out of trade

Note

right shoulder forms, testing neckline.

Note

first test of neckline , rejected

Note

2nd test neckline

Note

neckline broken, just broke 100Hr MA. retest 100Hr MA as support

Note

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 retracement

Note

2nd target reached after trump xi truced

Trade closed: target reached

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