USD/CHF profit target reached again, prepare to buy on dips
July 12, 2017 3:58 pm
Price has dropped from our selling area perfectly and reached our profit target for the 4th time in a row. We prepare to buy on major support at 0.9598 (Fibonacci retracement, horizontal overlap support) for a push up to at least 0.9652 resistance (Fibonacci retracement, horizontal overlap resistance).
Stochastic (55,5,3) is seeing strong support above 3.48% where we expect a nice bounce from.
Buy above 0.9598. Stop loss at 0.9568. Take profit at 0.9652.
The material has been provided by InstaForex Company – www.instaforex.com Source: Instaforex.com
Price has dropped from our selling area perfectly and reached our profit target for the 4th time in a row. We prepare to buy on major support at 0.9598 (Fibonacci retracement, horizontal overlap support) for a push up to at least 0.9652 resistance (Fibonacci retracement, horizontal overlap resistance).
Stochastic (55,5,3) is seeing strong support above 3.48% where we expect a nice bounce from.
Buy above 0.9598. Stop loss at 0.9568. Take profit at 0.9652.
The material has been provided by InstaForex Company – www.instaforex.com
Source: Instaforex.com
Related Posts: