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MikulovicFOREX
Dec 4, 2019 12:59 PM

USDCHF Bullish set-up Long

U.S. Dollar/Swiss FrancFXCM

Description

Here is another picture of a bullish set-up on USDCHF

What you are looking at, is a potential developing bearish gartley, butterfly or a crab.

Gartley: 1.01xxx
Butterfly: 1.039xx
Crab: 1.059xx

This set-up is very similar to the ones I have on AUDUSD and EURJPY

I can't really say for sure whether its going to be a gartley, butterfly or a crab, but time will tell which one of these patterns price is going to respect.

A break of 0.98400 will invalidate the set-up


Please give the chart a like as a sign of your support and leave your comments in the section below.

God bless and happy trading


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