USD/CHF ANALYSIS (short term)

11 בדצמ׳ 2019

Hi traders :) I'm Guario and here is a forecast regarding USD/CHF possible short term price action. As we can see from the chart the pair has just bounced off an important support level forming a probable strong bottom which has been formed along with a double (MACD and Stochastic) divergence. Our entry point will be set just a bit over the 0.9867 level. Our target will be set just a bit under the 0.9925 volumetric zone but I suggest to close just a percentage of the position setting the second target under the 0.9986 level. Look at the chart for a possible stop loss. Write me in the comments for ant question, though or critic. Good luck :)