jslfx22

USD/CHF MACD DIVERGENCE LONG OPPORTUNITY

Long
FX:USDCHF   U.S. Dollar / Swiss Franc
I use MACD heavily and as you see there is major divergence. The price had already had 3 drops and higher time frames are way over extended. I'm looking for a buy around the current market price. stop loss i usually do 30 pips and take profit 50 pips - Price could still possibly drop to .9435-.9445 area. after 20 pips in profit move SL to breakeven
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