Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.8885). 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 above the 21-Day WEMA which acts as a dynamic support.
....
Great trade on the buy, how many times would you of seen profit and closed? did you ride the whole trend?
Please like and comment if you take the trade :)
Links at the bottom !
OUR STRATEGY EXPLAINED:
We are releasing this separate script file for trading Gold on the M15 time frame using our strategy. This can now run independently from the main file...
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.915). 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....
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.9165). 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 above the 21-Day WEMA which acts as a dynamic support.
....
The price is approaching a sensitive demand zone, previously tested and rejected multiple times.
We'll be looking for a long entry next week. Stop just below 0.92 area.
Always keep in mind it is a game of probabilities.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.949). 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....
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.9475). 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...
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.967). 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...
Symbol : OANDA:USDCHF
Type : Buy
Entry Price : 0.9455
SL Price : 0.9420
TP Price : 0.9515
Reason for entering the market : This pair has reached a resistance level and is about to bounce back ...
Further actions : I will re-entry two more times if this really shoots up, moving the SL's to break even in order to minimize possible capital loss and maximize...
The picture explains exactly why we are selling.
We do however need to break and close below the 13EMA on 4H to confirm this breakout.
A video is coming!
