USDCHF - Long

Will be looking for a breakout out of this descending channel creating a new bullish trend.

Looking for an entry on H1 with a MACD buy signal, even if it does not break out we can still have a nice trade to the top of the channel.

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Broke through strong H4 support level, now testing the bottom of the channel. Waiting for MACD buy signal on H1.

Be weary of the support level that has now turned resistance!