USD/CHF: Franc is weak

Read the article on FBS website

Recommendations:

BUY 0.994 SL 0.9885 TP1 1.004 TP2 1.0125 TP3 1.018

BUY 0.988 SL 0.9825 TP1 0.998 TP2 1.004 TP3 1.0125

On the daily chart of USD/CHF, the pair hasn't reached targets of "Wolfe waves", "Shark" (113%) and AB=CD patterns. The uptrend may recover after rebounds from the important support levels. 

usdchf_d.png

On H1, a break of the bottom line of the upward channel will implement AB=CD and "Bat" patterns with 127.2% and 88.6% targets. Rebounds from the convergence may be used to buy. 

usdchf_60.png

Share with friends:

Similar

Latest news

Instant opening

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.