After the december sell off, the USDCHF has been on our radar and we think its at a turning point..
the pair has made a double bottom and gave a key reversal yesterday close @ 0.97300.
we believe per the virtue of double bottom that signifies trend change with a key reversal, we think the pair has a high probability to gather momentum upwards..
BUY STOP @ 0.9744
STOP LOSS@ 0.966
TARGET @ 0.9844
DISCLAIMER: This is not an investment advise but for educational purpose. Trade according to your risk appetite.
the pair has made a double bottom and gave a key reversal yesterday close @ 0.97300.
we believe per the virtue of double bottom that signifies trend change with a key reversal, we think the pair has a high probability to gather momentum upwards..
BUY STOP @ 0.9744
STOP LOSS@ 0.966
TARGET @ 0.9844
DISCLAIMER: This is not an investment advise but for educational purpose. Trade according to your risk appetite.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.