USDCHF TREND BASE
USDCHF BUY
ENTRY 0.8541
STOP LOSS 0.8520
TARGETS 0.8565 ,0.8586 & 0.8589
The market has broken a strong resistance zone at the 0.8550 level on October 4th on the daily chart. Now, we will watch how this resistance turns into support after the breakout, as the market has currently reached that level.
A double bottom pattern has formed, and the neckline has been broken. The trade will be taken on the retest of this level
ENTRY 0.8541
STOP LOSS 0.8520
TARGETS 0.8565 ,0.8586 & 0.8589
The market has broken a strong resistance zone at the 0.8550 level on October 4th on the daily chart. Now, we will watch how this resistance turns into support after the breakout, as the market has currently reached that level.
A double bottom pattern has formed, and the neckline has been broken. The trade will be taken on the retest of this level
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