USDCHF has been stop hunting over the last two weeks.
We have had a false break below, and now we are trading above the 4hr descending wedge.
Given the re-test and bullish confirmation, and the amount of room above to move, I am happy to take a long position.
I will be monitoring the Ichimoku support levels and the Fib retracement points.
We have had a false break below, and now we are trading above the 4hr descending wedge.
Given the re-test and bullish confirmation, and the amount of room above to move, I am happy to take a long position.
I will be monitoring the Ichimoku support levels and the Fib retracement points.