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UnknownUnicorn2215917

USDCHF LONG

Long
U.S. Dollar / Swiss Franc (FX:USDCHF)  
UnknownUnicorn2215917 Updated   
FX:USDCHF   U.S. Dollar / Swiss Franc
Trend Analysis Beyond Technical Analysis Chart Patterns USDCHF LONG
3
0
trendanalysis beyondta chartpattern usdchf long
Price seems to build a pattern based on the previous fractal. The exchange rate continued to make a measured move followed by a push to the upside, now looking to continue into a bullish direction.
Comment:
(Journal) Price still below 200 EMA, no signs of reversal, especially with the price of Gold plummeting North, I can see this price relationship being cancelled and a full breakthrough of that 0.97050 and continue short for a bit. Otherwise, I still stick by what I had envisaged on this trade. These psychological supports & resistances are no joke.

Looking to see USDCHF create a new low and I believe it'll be time to look at price moving down.
Trade closed: target reached:
TP 160 pips manually closed.
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