USDCHF Long
Updated
We were bearish on this pair last week. However, due to the last daily candle close above the last lower high, we are bullish on the pair now and looking for a buy. Due to the latest chart structure on the daily, we saw a double bottom form, which is a strong indicator of a reversal. We are going long on this pair up until the 61.8 Fib level. We will take our profit there and then look for a retracement and a re-etry to go long again.
For more information on signal calls, please visit rileyedwardsfx.com
Happy Trading!
For more information on signal calls, please visit rileyedwardsfx.com
Happy Trading!
Note
Hold this trade!
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