USDCHF BROKE A RECTANGLE
The pair is testing the support of the rectangle (it was prevoiusly a resistance), wait the close of the candle of today, if it is above 0.9180 you can buy and set 0.945 as a target for the Wave 5 whereas if the price closes below that level it is better to wait for a reversal signal in h4 and h1 charts, an important level is 0.9145 which is the 61.8% fibonacci of wave 3, if broken price could come back down to 0.9050 at least
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.