ForecastCity_ME

πŸ’‘ Don't miss the great buy opportunity in USDCHF

Long
FX:USDCHF   U.S. Dollar / Swiss Franc
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.883). 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.
. The RSI is at 60.

Take Profits:
TP1= @ 0.8865
TP2= @ 0.8880
TP3= @ 0.8915

SL= Break below S2

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ForecastCity English Support Team ❀️
Trade active: 33 pips profit...
Total Profit: 33
Closed trade(s): 11 Profit
Open trade(s): 22 Profit

Update Details:

Closed Profit:
TP1 @ 0.8865 touched at 01.08.2021 with 25 Profit.

Open Profit:
Profit for one trade is 0.8851(current price) - 0.8840(open price) = 11
2 trade(s) still open, therefore total profit for open trade(s) is 11 x 2 = 22
All SLs moved to Break-even point.

Take Profit:
TP2= @ 0.8880
TP3= @ 0.8915

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