Hi traders,
On the USDCHF I'm looking to enter long at just above 1.00700. Why?
Entry: 1.00715
Stop: 1.00608
Target: 1.01149 = R:RR 4.06
Good luck traders! Updates will follow.
On the USDCHF I'm looking to enter long at just above 1.00700. Why?
- 61.8% Fibonacci retracement of XA
- Completed AB=CD pattern (100% Fibonacci extension of ABC)
- 127.2% Fibonacci extension of the ABA move
- Previous structure
- Continuation of the trend
Entry: 1.00715
Stop: 1.00608
Target: 1.01149 = R:RR 4.06
Good luck traders! Updates will follow.
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Good start of the week guys!