Sphinx_Trading

USDCHF: Reached Daily Demand | Long Setup +250 pips

Long
FX:USDCHF   U.S. Dollar / Swiss Franc
- Price reached 0.8700 daily demand with a bullish daily closure.
- Also we can observe liquidity being built above the corrective descending channel knowing that we have an imbalance formed by supply area at 0.9000.
Trade active
Comment:
- Last low liquidity sweep wit strong bullish move.
* 4h closure above 0.87700 as a confirmation to main target.
Comment:
- Great bullish closure above 0.87700.
- Expecting reaching supply 0.9000.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.