USD/CHF Ready to explode!
USD/CHF has been ranging the last few days. But now it seems that the pair is in a bullish momentum.
Indeed, prices broke their KUMO strongly as well as the extension of KS @1.00568. Lagging Span (LS) also broke its double resistance (Tenkan Sen + Kijun Sen). Its slope is pointing upwards.
Prices could retest last november's resistance. Stop is placed at 1.00568 (extension of daily KS).
Feel free to like and comment.
Happy trading everyone.
Jesse
Indeed, prices broke their KUMO strongly as well as the extension of KS @1.00568. Lagging Span (LS) also broke its double resistance (Tenkan Sen + Kijun Sen). Its slope is pointing upwards.
Prices could retest last november's resistance. Stop is placed at 1.00568 (extension of daily KS).
Feel free to like and comment.
Happy trading everyone.
Jesse
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