USDCHF has reach a major bottom and now bulls are expectec to take over the market at least for a while.
MA20 and MA50 start to compress what signs a change in the trend from the several past weeks.
So a long position in this pair maybe profitable enter point at 0.9548 with a stop-loss at 0.9480 (68pips) and TP at 0.9748 for a 200 pips profit. 200/68= 2.94 risk/reward ratio.
DM me for any questions. Be safe.
MA20 and MA50 start to compress what signs a change in the trend from the several past weeks.
So a long position in this pair maybe profitable enter point at 0.9548 with a stop-loss at 0.9480 (68pips) and TP at 0.9748 for a 200 pips profit. 200/68= 2.94 risk/reward ratio.
DM me for any questions. Be safe.