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Novi_Fibonacci

USD/CHF Break of Bearish Channel!! BUY

Long
U.S. Dollar / Swiss Franc (FX:USDCHF)  
Novi_Fibonacci Updated   
FX:USDCHF   U.S. Dollar / Swiss Franc
Chart Patterns Parallel Channel Trend Lines
4
2
chartpattern parallelchannel trendline
USD/CHF has been travelling down what looks to be a BEARISH channel! Finally got a break of the channel to the upside!

Looking for a possible retest of the falling resistance to use as support to climb higher!!
Comment:
If price respects the retest of the Upper Channel Trend Line:
SL - .8748
TP - .8848
Comment:
Price played back into falling channel, no longer interested in a Long here
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