BUY USDCHF (Bullish Divergence)
Good Day Traders!
RSI bullish divergence on 1H TF followed by a big green candle giving us confirmation to enter a LONG position
Price is also trading above 200EMA on 5min TF
Setting a very tight cut loss just below previous support
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RSI bullish divergence on 1H TF followed by a big green candle giving us confirmation to enter a LONG position
Price is also trading above 200EMA on 5min TF
Setting a very tight cut loss just below previous support
If you like this analysis, please support with your likes/comments and Follow me for future trend updates
Thank you!
Trade closed: stop reached
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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.
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.