hrakbarzadeh

USDCHf head and shoulder pattern

Long
hrakbarzadeh Updated   
FX:USDCHF   U.S. Dollar / Swiss Franc
The dollar will be strengthened by Biden's election as president of the United States and the party's policies.
Now we come to the part where we talk about the Swiss franc.
Fortunately, corona vaccines are being developed and there are even vaccines such as the Iranian corona vaccine that can completely overcome the English virus. Therefore, we expect the dollar to grow and the fear of the nation and industry to subside due to the weakening of the Swiss franc.
Also, from the point of view of technical analysis, it seems that the dollar forming a head-and-shoulder pattern this currency, which can be entered into a buy trade by completing and breaking the shoulder line of this pattern .

thank you for reading this idea
Trade closed: target reached

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