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oioi123

USDCHF LONG AFTER TRENDLINE BREAK + DAILY PIN BAR RETEST

Long
U.S. Dollar / Swiss Franc (FX:USDCHF)  
oioi123  
FX:USDCHF   U.S. Dollar / Swiss Franc
Trend Analysis
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trendanalysis
I THINK THE PIN BAR IS THE HIGHER LOW OF THE RECENT BULLISH MOVE, ASWELL AS THE RECENT TRENDLINE BREAK AND THE RETEST OF IT VIA THE PIN BAR WHICH FAILED TO CLOSE BELOW THE TRENDLINE. THE RECENT DAILY HAS CLOSED BELOW THE TRENDLINE HOWEVER I THINK USDCHF IS OVER EXTENDED TO THE DOWNSIDE , AND IT MAY RETEST THE 21 WEEKLY EMA THIS COMING WEEK.
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