USD/CHF D1 chart - ascending trend , short-term ascending movement
Piercing of diagonal support
Higher tops , indicates possible long
CCI(50) over 100 - zone of probable long movements
RSI over 50
For a better positioning in the market it will be better to wait a few pips around price : 0.9891
SL: 0.845
Alternative scenario :
If around these levels a new, trend turn formation appears , we have to look closely and to be careful .
Sentiment : Speculative sentiment that FED may rate hike
Stefan D.Angelo - Head of Stocks Trading
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