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ForecastCity_ME
Nov 16, 2020 9:06 PM

💡 Don't miss the great buy opportunity in USDCHF Long

U.S. Dollar/Swiss FrancFXCM

Description

Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.9095). 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 RSI is at 50.

Take Profits:
TP1= @ 0.9150
TP2= @ 0.9190
TP3= @ 0.9245

SL= Break below S2

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Comments
Mesutkashmar
Very helpful.
ForecastCity_ME
@Mesutkashmar, Thank you for your comment. We're glad you found it helpful .
Mesutkashmar
Thanks a bunch
This is great.
ForecastCity_ME
@Mesutkashmar, You're welcome!
yusufipek1989
Clean and simple chart. Thanks.
ForecastCity_ME
@yusufipek1989, You're welcome! Thank you for your comment
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