TradingView
ForecastCity_ME
Aug 4, 2021 9:16 AM

💡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 the suggested support line (0.9048).
. 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 an 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= @ 0.9075
TP2= @ 0.9093
TP3= @ 0.9117
TP4= @ 0.9130
TP5= @ 0.9163

SL= Break below S2

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Comments
Megan_forex
Professional work. Keep it up
ForecastCity_ME
@Megan_forex,  We're glad you like it. 😊💚
AR_kooshani
Many thanks for sharing this chart.
ForecastCity_ME
@AR_kooshani, Thank you for your comment. We appreciate it.
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