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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