USDCHF, Potential for bullish momentum

8 thg 6, 2022

On the H4, with prices moving above the ichimoku indicator, we have a bullish bias that price will rise from our buy entry at 0.97149 where the horizontal swing low support is to our take profit at 0.98783 in line with the pullback resistance, 161.8% fibonacci extension, 61.8% fibonacci retracement and 100% fibonacci projection . Alternatively, price may break entry structure and head for stop loss at 0.96623 where the horizontal overlap support is.

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