USDCHF Buy a break setup.
Updated
USDCHF - Intraday - We look to Buy a break of 0.8931 (stop at 0.8908)
Pivot resistance is at 0.8920.
A break of bespoke resistance at 0.8920, and the move higher is already underway.
Short term oscillators have turned positive.
The bias is to break to the upside.
A bullish reverse Head and Shoulders has formed.
Our profit targets will be 0.8997 and 0.9044
Resistance: 0.8925 / 0.8950 / 0.9000
Support: 0.8990 / 0.8950 / 0.8920
Pivot resistance is at 0.8920.
A break of bespoke resistance at 0.8920, and the move higher is already underway.
Short term oscillators have turned positive.
The bias is to break to the upside.
A bullish reverse Head and Shoulders has formed.
Our profit targets will be 0.8997 and 0.9044
Resistance: 0.8925 / 0.8950 / 0.9000
Support: 0.8990 / 0.8950 / 0.8920
Trade closed: target reached
Trade closed at +39 pips profit.
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