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savvyacademy
Jan 6, 2024 11:52 PM

Bullish USDCHF Long

USD/CHFOANDA

Description

Based on 4H chart, downtrend line was broken.
Price is within a trading range with recent support at 50% retracement
Entry Price: 0.8450. Expecting stop-hunt and buy of sell-side liquidity
Target Profit: 0.8725
Stop Loss: 0.8400 or below 0.8375 depends on risk appetite
RR: 5.5
Comments
TheFxAce
The upward trend you've forecasted is supported by convincing evidence.
savvyacademy
@TheFxAce thank you for your positive comments!
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