ForecastCity

💡 Don't miss the great buy opportunity in USDCHF

Long
FX:USDCHF   U.S. Dollar / Swiss Franc
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.9095). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. USDCHF is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 44.

Take Profits:
TP1= @ 0.9145
TP2= @ 0.9190
TP3= @ 0.9205

SL= Break below S2

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Comments

Great. Very helpful. Thanks for your efforts.
+3 Reply
ForecastCity sofi_Morphy
@sofi_Morphy, You're welcome! We're glad you found it helpful.
Reply
It seems pretty accurate. Let's see how it goes.
+2 Reply
ForecastCity yusufipek1989
@yusufipek1989, Thank you! we appreciate your comment.
Reply
rababsalem yusufipek1989
@yusufipek1989 did u take profits on this trade??
Reply
yusufipek1989 rababsalem
@rababsalem, I didn't enter
Reply
The chart is excellent. Good choice. 👌
+1 Reply
ForecastCity Josef_anderson
@Josef_anderson, You're very welcome!
Reply
Is this trade still enter able if price hits rejection zone again
+1 Reply
@arja, We hope you get the most out of it.
Reply
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