The USDCHF pair has been trading within a 10-month Channel Down with its 1D MA200 (orange trend-line) as the long-term Resistance. Having bottomed on January 27 2026, the pattern is now on its latest Bullish Leg, given also that it rebounded on an oversold 1D RSI.
This week's pull-back is the Higher Low bottoming process that we've seen on the pattern's previous two bottoms. The rebounds that followed always hit at least their respective 0.618 Fibonacci levels. As a result, this is currently the most efficient level to buy and target 0.78770.
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This week's pull-back is the Higher Low bottoming process that we've seen on the pattern's previous two bottoms. The rebounds that followed always hit at least their respective 0.618 Fibonacci levels. As a result, this is currently the most efficient level to buy and target 0.78770.
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** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
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I trade Crypto, Forex, Indices & Commodities on PrimeXBT — all from one account with TradingView charts 👉 tradingshot.short.gy/PrimeXBT
I also use TradeNation for fixed spreads & zero commission 👉 tradingshot.short.gy/Tradenation
I also use TradeNation for fixed spreads & zero commission 👉 tradingshot.short.gy/Tradenation
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.