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mrAT_Trader
May 20, 2023 6:34 AM

USDCHF : Long Trade , 1h Long

U.S. Dollar/Swiss FrancFXCM

Description

Hello traders, we want to check the USDCHF chart in the 1-hour time frame. The price is moving in an ascending channel and after breaking the key level between 0.89900 and 0.90000, it has pulled back to this level. We expect this. The level should act as a support level for us and maintain the upward trend and cause the price to grow up to the specified targets. Good luck.

USDCHF buy Entry : 0.89980

Stop : 0.89395 , Target1 : 0.90575 , Target2 : 0.91155

Risk/Reward Ratio : 2
Comments
JoeChampion
I like the pattern
mrAT_Trader
@JoeChampion thank you
InkyGrip
interesting perspective on USDCHF Thanks for sharing
mrAT_Trader
@plancton0618, thank you for your comment
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