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Coleman: USDCHF countertrend move

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Eyeing a countertrend USDCHF move Ian Coleman sees four reasons why the pair may present an opportunity.    
- Daily ABCDE formation at 0.9213 
- Daily chart shows base of channel at 0.9150
- Four hour time frame shows 261.8% extension at 0.9167
-  Ascending Triangle formation on intraday chart
Ian is anticipating a corrective bounce but says he needs to see a break of 0.9177 and then to buy at that level.  
Stop: 30 points
Targets: 0.9235 0.9377