USDCHF, 4h - Possible Bull Flag formation

72
Entry Price arround 0.95292
Stop Level arround 0.94784.
Profit Level 1 has confluence with 38.20% fibonacci retracement, which is also a previous resistance zone, now possibly turning support.
Profit Level 2 has confluence wiht 61.80% fibonacci retracement, which is also a previous resistance zone, now possibly turning support.

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.