gstorms

USD/CHF Retracement Long

Long
FX:USDCHF   U.S. Dollar / Swiss Franc
As we can see that USD/CHF is in a clear uptrend, this gives us an opportunity to enter long while it is retracing. I am using the fibonacci extension to give myself an idea of where my target and stop should be.

Target = 1.02

S/L = 1.005

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