USD/CHF POTENTIAL 'BULLISH' 50ema FLAG - LONG
M, PRICE BROKE ABOVE 50EMA END OF MONTH HOPING TO STAY ABOVE FINALLY. AFTER 123 CGR4D FROM 1 YR AGO. PRICE TOUCHED '2' AND RETRACED DOWN BACK TO '3' WHERE CANDLESTIX FORMED ON THE WAY DOWN AND FINISHED AT 3 LEVEL. W, DOUBLE BOTTOM AND POTENTIAL CANDLESTIX AND FROM LAST D. 123 WE CAN SEE PRICE ON W, TOUCHING '2' TO GO BACK UP FROM (M) 3 LEVEL. D, WE HAVE A GR4D ABOVE CURRENT CANDLE AFTER BREAK ABOVE 50ema And price swinging in a uptrend like a staircase. time to make a higher high. we have 4hour ptentrial 'bullish' flag. last 4hr was a GR4D where we based lower channel line from & we have candlestix within Flag aswel.. Also price is near to bouncing off 50ema as support and we have a candlestix for SL.
IF THIS TRADE PROGRESSES WE WILL LOOK ON FOR FURTHER BULLISH SIGNALS AND TARGETS. TO REACH OUR M, CGR4D AND FINALLY CLOSE ABOVE '2'
IF THIS TRADE PROGRESSES WE WILL LOOK ON FOR FURTHER BULLISH SIGNALS AND TARGETS. TO REACH OUR M, CGR4D AND FINALLY CLOSE ABOVE '2'
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