USDCHF TRIANGLE BREAKOUT!
Two confirmations were made for USDCHF purchase entries;
1. a strong support zone (more than ten touches in that zone)
2. Breakthrough of a triangular trendline
Entry Point: 0.89650
Stop Loss: 0.89450 (21 pips)
Take Profit 1: 0.8990 (25 pips)
Take Profit 2: 0.90160 (50 pips)
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1. a strong support zone (more than ten touches in that zone)
2. Breakthrough of a triangular trendline
Entry Point: 0.89650
Stop Loss: 0.89450 (21 pips)
Take Profit 1: 0.8990 (25 pips)
Take Profit 2: 0.90160 (50 pips)
If you leave a comment with a chart, I will analyse it for you.
Please stay tuned for additional analysis.
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