Fxprotrader
Short

USDCHF: The Upmove may End At This Level

FX:USDCHF   U.S. Dollar / Swiss Franc
209 0 9
Price in USDCHF             rallies for good and it's heading towards the lower parallel of an upslope median line where we had previously several times price action. If price reaches the parallel we may start watching for a sell setup to complete based in our strategy. in the chart you may see that there is a pending bearish AB=CD pattern. For those who want to go with the pattern, a good level to place your stoploss is above the swing point sjown at the left of the chart. As for tp, the slide parallel of the median line is a nice level to aim for
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