USDCHF Channel Down bottom buy signal.
USDCHF is trading inside a (1h) Channel Down with the price currently rebound after a bottom test.
This is a short term buy signal that will be confirmed upon a MA50 (1h) break out.
Trading Plan:
1. Buy if the MA50 (1h) breaks.
Targets:
1. 0.86650 (+0.67% rise like the previous three rallies.
Tips:
1. The RSI (1h) is already over its MA trend line. Possibly an early bullish signal.
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This is a short term buy signal that will be confirmed upon a MA50 (1h) break out.
Trading Plan:
1. Buy if the MA50 (1h) breaks.
Targets:
1. 0.86650 (+0.67% rise like the previous three rallies.
Tips:
1. The RSI (1h) is already over its MA trend line. Possibly an early bullish signal.
Please like, follow and comment!!
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