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nadavhurwitz

USCCHF - LONG - Possible trend reversal

Long
U.S. Dollar / Swiss Franc (FX:USDCHF)  
nadavhurwitz  
FX:USDCHF   U.S. Dollar / Swiss Franc
Trend Analysis Chart Patterns Technical Indicators USD chf USDCHF breakout macddivergence Bullish Patterns
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trendanalysis chartpattern indicator usd chf usdchf breakout macddivergence bullish
Many bullish signs:
  • Channel breakout
  • 55 SMA Breakout
  • Strong bullish candle
  • MACD Divergence
  • On 1H chart 55 SMA becomes support after acting as resistance

Trade:
You can enter now
Stop loss below channel at around 0.8809

You can also wait for corrections and entry on a lower timeframe

Comment what you think about this trade

Happy Trading!
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