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Monday, May 23, 2022

-600 Points Reached in USD/CHF Buy Signal
1 mins well spent

USD/CHF Analysis : 

USD/CHF is moving in an Uptrend by forming an Ascending Wedge.

After market reaching the bottom zone, it fails to break it.

A Big Bullish Pin Bar Candle is formed in the Daily Chart.

USD/CHF re-tested the Low level of the pin bar again. As it shows there are more sellers pushing the market down to break the ascending Wedge.

Finally, USD/CHF signal closed at our Stop Loss Price.

USD/CHF buy signal touched stop loss with -600 points

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