GEminio

17 August, 2020, USDCHF scalping opportunity on H4

Long
FX:USDCHF   U.S. Dollar / Swiss Franc
USDCHF Market in consolidation since end of July after 4000 points drop.
This is the 3rd week movement within consolidation area, usually it could go up to 8 weeks..
Current price movement to test the support for 3rd times, providing the chance to Open position with very minimal SL.

Recommendation: BUY, TP short term are as per pattern or according to MA with possible long-term position as well if the price move outside consolidation area.
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