U.S. Dollar / Swiss Franc - Failed Acceleration

3 Mar 2019

Symbol: USD.CHF - U.S. Dollar / Swiss Franc
Timeframe: Weekly, Daily and 4 hour
Predicted Direction: Long

USD.CHF - U.S. Dollar / Swiss Franc updates will be available in the comments section below.

4 Mar 2019

Not

The 4-hour descending trendline has failed to hold structure resistance starting this weeks session.
Additional development is required but it's a great start.

5 Mar 2019

Not

A clean breakout of the 4-hour descending trendline.
Intraday consolidation period is now expected and required.