Cherry94

Rebound from the significant price area

Short
Cherry94 Updated   
FX:USDCHF   U.S. Dollar / Swiss Franc
Rebound from the 1.01 - 1.004 price area. On H1 there is a clear falling star candlestick pattern. Price seems like doesn't firmly hold above 1.01, I expect at least a minor pullback locally that allows 1:3 risk/reward ratio. I place the most pessimistic profit target in the screenshot. Profit target based on recent local lows.
Trade closed: target reached

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