Bullish Bias
Hello everyone,
Let's keep it simple as always.
USDCHF has broken out of descending trendline and static resistance. I expect a bullish continuation to the nearest resistance level as shown in the chart.
This idea becomes invalid if the price should reclaim the resistance level.
#NFA
Please do let me know what you think about this idea.
Like and comment below.
Let's keep it simple as always.
USDCHF has broken out of descending trendline and static resistance. I expect a bullish continuation to the nearest resistance level as shown in the chart.
This idea becomes invalid if the price should reclaim the resistance level.
#NFA
Please do let me know what you think about this idea.
Like and comment below.
Note
Price has bounced from descending trendline and is back to the entry point. Let's see how it plays out from here.
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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.