Good morning,
Found a great long trade via USDCHF for market open. Fibonacci levels coalesce with price action, as well as buy and demand levels. HIDDEN BEARISH DIVERGENCE also identified which Indicates underlying weakness. Found during retracements in a downtrend. Nice to see during price resets of previous highs. Look for confirmation on lower time frame then buy.
Thank you,
Trade with care
Found a great long trade via USDCHF for market open. Fibonacci levels coalesce with price action, as well as buy and demand levels. HIDDEN BEARISH DIVERGENCE also identified which Indicates underlying weakness. Found during retracements in a downtrend. Nice to see during price resets of previous highs. Look for confirmation on lower time frame then buy.
Thank you,
Trade with care
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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.