Get started
CompositeTrader

USD/CHF Price Action Analysis | Upwards Rather Than Downwards

Long
U.S. Dollar / Swiss Franc (FX:USDCHF)  
CompositeTrader Updated   
FX:USDCHF   U.S. Dollar / Swiss Franc
Trend Analysis Chart Patterns Technical Indicators USDCHF USD chf DJ FXCM Index swissfranc dollar franc Forex fx
30
0
trendanalysis chartpattern indicator usdchf usd chf usdollar swissfranc dollar franc forex fx
Dollar is back at consolidating in the Trading Range against Swiss Franc. It reached to its first level and there are two more levels remaining but it can still visit the EQ below. Even so, it has more potential for upwards rather than downwards.

Entry: 0.986
SL: 0.975
TP-1: 1.001
TP-2: 1.011
TP-3: 1.021
R/R: 3.18

‪Please let me know if you have any suggestions or any ideas to add. I can also give you more detailed explanation for this specific trade setup.‬


‪The ideas published here are not financial advices. ‬
Trade active
Trade closed: stop reached
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.