USDCHF is a downtrend in the weekly time frame and in the h4 time frame weekly pullback gets over and the price is forming distribution to trap the weak-handed traders in this distribution stage 90% of traders are losing price may go short because of the price at the weekly resistant zone and price which is formed distribution zone. it is education purpose only trade safe.
looks like a good sell idea in 4h time frame already broken the support level and gave a pull back let monday the market opens and will see how it plays if it shows entry signs will go throug the trade
Bouncing from a support zone, can try a long here with SL below 0.8855.
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please find the month analysis, wait for couple of days retracement to happen.
long treand line resistance breakout and important resistant breakout and pullback so we can go for long
USDCHF LONG chart pretty much says it all have a great trading week
As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=1.01. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=1.005. TP4: S2=1.0035. Set the stoploss of these orders at breakout of R2=1.012. Stop and reverse: If trend gets reversed, buy (stop) orders will be opened at breakout of...
20190417 BUY USDCHF IN BUY AREA with STOPLOSS BELOW RED LINE 20190422 Major Resistance broken Buy in SUPPORT area Brown - SL 1.00850 TGT 1.01965