Monday, July 18, 2022

Swiss Franc Futures ( 6S1! ), H4 Potential For Bullish Rise

Type: Bullish RiseKey Levels:Resistance: 1.04505Pivot: 1.03010Support: 1.02000Preferred Case:On the H4, with price moving in an ascending trendline, we have a bullish bias that price will continue to rise from the entry at 1.03010 in line with the pullback support, 23.6% fibonacci retracement and 61.8% fibonacci projection to the take profit at 1.04505 at the pullback resistance in line with the 61.8% fibonacci retracement.Alternative Scenario:Alternatively, price may reverse off the entry and drop to the top loss at 1.02000 at the swing low.Fundamentals:No major news

from Tickmill Expert Blog - Forex Traders Blog https://www.tickmill.com/blog/swiss-franc-futures-6s1-h4-potential-for-bullish-rise"
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