MMBTtrader

USDCHF this is just beginning more rise is expected to 0.9200

Long
FX:USDCHF   U.S. Dollar / Swiss Franc
As we can see strong support of 0.61% of Fibonacci push price to upside and this is just beginning dxy is strong enough to pump once again and huge rise is expected and for now we considered 0.9200 that is near 200MA resistance too for target .

We may have correction to 0.9040 and start of rise and we have some strong resistance zone ahead that all are good for tp like black trendline and redlines .

DISCLAIMER:.
1.trade carefully and have stop loss for sure
2.Past performance is not indicative of future results.


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Comments

Very High Probability Set-up 🔥
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I love this method.
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Nice and potential inverse Head and Shoulder also :) thx
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Interesting perspective bro!
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Nice Idea friend ) :) :) :)
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Great insights as always, mate ;)
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great view
dxy structure supports this idea
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What do you think about USDCHF at 1.0000 price by the end of the year? I think it's a lot likely.
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Great call mate!
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great technical analysis mate
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