PULEMokhothu

USDCHF 0.94800 -0.05% LONG IDEA

Long
PULEMokhothu Updated   
FX:USDCHF   U.S. Dollar / Swiss Franc
Good Day Everyone

here's a long idea on the USDCHF pair, both currencies had a pretty good week, looking on the weekly chart the descending channel holds as we see a bounce of the structuer pushing up to the upside, same as on the daily chart as we have a symetrical triagnel looking for longs in the pair and a break to the upside targeting resistance level 0.95631.....

__________________________________________________________________________________________________________________________

TARGET 1 - 0.95249
TARGET 2 - 0.95657

ENTRY & SL FOLLOW YOUR RULES
RISK MANAGEMENT

__________________________________________________________________________________________________________________________

If you like the idea kindly leave a like and a follow will definitely follow back and leave your idea on the pair in the comment section.


Trade closed: stop reached

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.