USD/CHF MACD DIVERGENCE LONG OPPORTUNITY
I use MACD heavily and as you see there is major divergence. The price had already had 3 drops and higher time frames are way over extended. I'm looking for a buy around the current market price. stop loss i usually do 30 pips and take profit 50 pips - Price could still possibly drop to .9435-.9445 area. after 20 pips in profit move SL to breakeven
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.