USDCHF H1 | Bullish Bounce

Based on the H1 chart analysis, we can see that the price is falling to our buy entry at 0.9092, which is pullback support that is close to 38.2% Fibo retracement.

Our take profit will be at 0.9141, a swing-high resistance.

The stop loss will be placed at 0.9064, which is a pullback support level.

High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.

Leave a Reply

Your email address will not be published. Required fields are marked *