TheBearTrader1

USDCHF- READY FOR A PUSH HIGHER

Long
FX:USDCHF   U.S. Dollar / Swiss Franc
Price has broken out of our descending trendline, created a higher high, and broken above previous resistance level , therefore we are now changing trends and bullish on this pair on the daily timeframe , before entering longs I am looking for price to retrace into this 38.2 fib level where we have a few areas of confluences (structure level, 50EMA) and looking for a confirmation candlestick to enter long.

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