Pisces_Investments

Another Look at UsdChf-Update

Long
OANDA:USDCHF   U.S. Dollar / Swiss Franc
Price has pushed up nicely since my last chart markup. I didn't take the long entry for this opportunity previously but we have another opportunity approaching. Price is consolidating within a wedge. Blue EMA is 200 EMA. Pink average is Anchored VWAP which is serving as support. Looking for a breakout with a higher high created to take advantage of a long position to the goal displayed.

-Supply and Demand: There is a heavier presence of buyers in "demand" vs. sellers in "supply" which supports my bullish bias.



NOTE: This is not trading advice; trade at your own risk.....

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