The RSI indicator on the daily time-frame for USDCHF is showing way overbought. A bullish wedge has been forming since November 2017 and it looks like the top of the wedge was broken.
One of two things could happen, price goes back for a re-test and bounces off the wedges upper level to rise up after the major resistance level around 1.0300-1.03250 or price pulls back to the previous swing high or even back to the bottom of the wedge.
Trade Details :
SL : 1.02500
TP 1 : 1.01100
TP 2 : 1.00500
*Don't forget to apply proper risk management!*
One of two things could happen, price goes back for a re-test and bounces off the wedges upper level to rise up after the major resistance level around 1.0300-1.03250 or price pulls back to the previous swing high or even back to the bottom of the wedge.
Trade Details :
SL : 1.02500
TP 1 : 1.01100
TP 2 : 1.00500
*Don't forget to apply proper risk management!*
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免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。