Title

USDCHF H4 I Bullish Rise

Type

bullish bounce

Preference:

Wait for price to pullback at the pivot of 0.8508, a pullback support. A rise from this level could lead the price to rise to 1st resistance at 0.8616, a pullback resistance lines up with the 61.8% Fibo retracement.

Alternative Scenario:

If price breaks below the pivot, it could fall to 1st support at 0.8476. an overlap support