The Swissy again.
Good evening all,
I hope you are all enjoying your Easter break and getting ready for your return to trading.
I last mentioned this pair, the CHF, on the 16th March for a possible long to which price did move up just under 200 pips but also did say about the VI being close at hand and now this has been reached on Thursday with a good doji candle formation.
Other confluences are that price is staying above former S/R whilst also being at a good fibonacci cluster level and also at a strong figure area, and there is short term MACD convergence.
All in all this is looking like a good long opportunity at present but stick to your entry rules, as anything can happen.
As always please ensure to do your own analysis before trading.

Charts courtesy of AdvancedGet.
Good luck.
Clayton Farnworth.
Labels: CHF














