[USDCHF] Buy Idea - WEEKLY SUPPORT ZONE
I started with a top down analysis and noticed that according to the weekly time frame, this pair has reached it's support zone. On the daily chart we have seen that price has formed a double bottom testing the support zone. On the H4 we have seen a downward facing flag formation, and according to proper market structure we are expecting a bullish movement to occur from this formation. Entry is based on last high low and fib, with entry around 61.8! This pair will make a 300+ pip movement for the buy.
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