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ASCENS10N
19 sty 2021 08:19

USDCHF: Overlap demand zone Long

U.S. Dollar/Swiss FrancFXCM

Opis

Price has cleared the bottom of the downward sloping channel for a liquidity hunt before breaking upwards back into the channel.

We have a historical demand zone seen at 0.8830/0.8900.

If price gets supported at this level, we will see a retracement towards 0.9080

USDCHF Long
Entry is valid as long as price is above 0.8830

SL: 0.8755
TP: 0.9080

Komentarz

The bullish structure is forming. If the price closes above the demand zone today, we will see 0.8980 next, and 0.9080 thereafter.

Komentarz

The first TP level is hit (0.8980).
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