thillygoosth

Uchf buy (not this morning) check my levels.

Long
thillygoosth Updated   
OANDA:USDCHF   U.S. Dollar / Swiss Franc
There is huge risk to reward on this trade if we get an X-W-Y for it to swing up. I am not buying it now. Might consider a limit order tomorrow morning depending where price is. Similar concept to Ucad. Hopefully you can see that the 618 retracement level lines up with an equal leg measurement of the correction it is in and also possibly with the pitchfork. There are 2 possible levels for price to possibly touch and go within the POSSIBLE pattern it could create. May be worth slapping a small buy entry on it in that zone, just depends what your portfolio is looking like. Don't want to go too heavy betting on the strong dollar with too many different pairs.
Comment:
That would be a 5-3-5 zig zag to the 618/fork if it were to just continue down today or tonight.

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