ARegularGuy

ABCD on US Chief

Short
FX:USDCHF   U.S. Dollar / Swiss Franc
On the US CHF P.A. has broken through a good resistance level. If the level holds then price should climb to the next resistance level. If it does the ABCD pattern completion is right above the resistance level. Once completed I anticipate a sharp drop in price. I have the SL set to the 1.13 projection of the anticipated completed pattern and A point of the pattern. TP is set for .382 of the entire pattern.
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