I expect the bull will hite on this paire, so i will pute tow targets : first at 78.5 ( around 100 pips profit ) and the 2end will be above a major resistance the previous HH at 80.00 if we break even we will bank around 250 pips.
I hope every think will gose as planned for all.
I was back testing the USDCHF on H4 since 01/2016 and i found these levels are respected very well and i want to share them with you :
Thx for your feedback.
This will be my next week trade.
As we can see the price action retested the perviouse Higher high at 0.74165 and was rejected, so i expect the price will continue the down trend till 0.727 where is the 1.272 Fib-EXT.