IvanLabrie

USDCHF: A lot of room up there, right?

Long
FX:USDCHF   U.S. Dollar / Swiss Franc
USDCHF has a very strong explosion pattern setup, a 'Time at mode' trend signal like the one I recently posted in the Nikkei. The quarterly chart has a potential 15 quarter uptrend which will confirm by the end of the year if we don't retest 0.9580 by then. We can take a long term position risking a drop to 0.9761, and a shorter term trade with bigger size, aiming to capture upside to 1.1080, with a stop at 0.98747.

Good luck!

Ivan Labrie.

🔒Want to dive deeper? Check out my paid services below🔒

linktr.ee/ivanlabrie
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.