USD/CHF Bull Flag

DannyBly said: "Looking at the daily chart - having retraced upwards to 50% of the recent major downmove USD/CHF has been consolidating downward in a channel forming a bull flag. It retraced down to 50% of the recent upmove, while oversold stochastics begin to curve upwards. [IMG]http://www.traderslog.com/static/images/uploads/usdchf63.jpg[/IMG]"