UCHF is still downtrend in higher timeframe
Reading bar by bar, there are no more selling forces recently
Expect: price pullbacks like an image.
Good luck & safe trade
FX:USDCHF
Day trading analysis.
Price is making higher highs. Currently price is retracing (HL leg formation). We can see there is a Gred B bullish engulfing which might be the potential HL leg point.
I'm looking for long opportunity somewhere around 0.994 - 0.995. For safest entry, always wait for CRS confirmation at 1H / m15 time frame.
SL 30 pips and...
![USDCHF: USD/CHF LONG [DAY TRADING - SMPLE TREND CONTINUATION PATTERN]](https://s3.tradingview.com/t/tOUMImi9_mid.png "USD/CHF LONG [DAY TRADING - SMPLE TREND CONTINUATION PATTERN]")
