USDCHF has been stop hunting over the last two weeks. We have had a false break below, and now we are trading above the 4hr descending wedge. Given the re-test and bullish confirmation, and the amount of room above to move, I am happy to take a long position. I will be monitoring the Ichimoku support levels and the Fib retracement points.
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.