On the USD/CHF daily chart, the first attempt of Bulls to test the resistance at 0.9785 and activate the Double bottom reversal pattern has failed.
Nevertheless, they still rekindle dream of a correction towards 0.985 and 0.995. 
On the USD/CHF hourly chart, the expanding wedge reversal pattern was formed. Rollbacks towards 50% and 61.8% levels of the 4-5 wave can be used for opening long positions. In the short-term, we expect an uptrend recovery.
Recommendations: BUY 0,978 SL 0,9725 TP 0,995.
Origin: FX BAZOOKA
