USD/CHF – Some Structure Since The Bottom

After some wild and crazy sessions, there’s every chance we’ve seen a bottom on USD/CHF. I now feel confident that I can trade this pair again. The short term trend is clearly defined now (up) and after a textbook gap fill there is clear horizontal support and resistance. Looks to have supported on the uptrend line.

USD/CHF 30min

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2 thoughts on “USD/CHF – Some Structure Since The Bottom

  1. looks like a double top in the making & poised for a retest of the lows next week… market would try to force SNB, no bluffs anymore.. good luck to you on long trade

    • Thanks for comment. I don’t actually have a trade on at the moment, just trying to make sense of it, to find good entry points, in either direction. We know intervention can do a lot of damage to traders, but we also know it doesn’t work in the long run. Thanks again.

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