USDCHF bullish momentum! | 3 Dec 2021Prices are consolidating in a triangle and abiding to our ascending trendline. We see potential for a bounce from our 1st support at 0.91900 which is an area of Fibonacci confluences and also graphical overlap towards our Take Profit at 0.92639 in line with 100% Fibonacci extension and 50% Fibonacci retracement . RSI is showing bullish momentum. Alternatively, our stop loss will be placed at 0.91574 which is an area of Fibonacci confluences.
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CHG
CHG | Buy Signal Doubled Bottom @EMA100 TP1 4.00 (+10%), SL 3.50CHG | BUY SIGNAL DOUBLED BOTTOM AT EMA100: 3.66 - Target Price 1 = 4.00 (+10%), Target Price 2 = 4.30 (+18%) Stop Loss = 3.50 (-6%)
> Fibo Ext. estimates target Elliot Wave projection 1,2, and 3 @TP 4.3 (+18%)
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