JamieHolmes
Long

USDCHF return to parity

FX:USDCHF   U.S. Dollar/Swiss Franc
47 0 1
Renko chart below at daily timeframe shows ideal entry at 0.89150.

Nevertheless entry at current price is good @ 0.90222.

Take profit targets: 0.95450 and 0.99650.

Stop Loss: Open of Bullish Renko candle @ 0.87050.

The first Bullish Renko candle indicates a change in trend and the best strategy is to enter on close of the Bullish Renko candle after a downward trend. Target are derived from the open of the previous Renko candles.
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