USDCHF Scalping opportunity.
USDCHF is trading inside a Channel Up since the start of August.
At the moment the price is supported by the 4hour MA50.
The 4hour RSI indicates that we may be replicating a consolidation pattern much like August's.
You can scalp the 0.88950 - 0.89775 range as the upper limit in August was the 1.618 Fibonacci extension.
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At the moment the price is supported by the 4hour MA50.
The 4hour RSI indicates that we may be replicating a consolidation pattern much like August's.
You can scalp the 0.88950 - 0.89775 range as the upper limit in August was the 1.618 Fibonacci extension.
Follow us, like the idea and leave a comment below!!
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