As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=0.999. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=0.994. TP4: S2=0.9905. Set the stoploss of these orders at breakout of R2=1.001. Stop and reverse: If trend gets reversed, buy (stop) orders will be opened at breakout of...
As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=1.011. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=1.007. TP4: S2=1.0045. Set the stoploss of these orders at breakout of R2=1.013. Stop and reverse: If trend gets reversed, buy (stop) orders will be opened at breakout of...
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The USD/CHF pair has formed a double top pattern. It has currently broken a strong support too. Hence we expect the pair to be bearish and a pullback can be a good entry point.
USDCHF on FX exchange is consolidating above Pivot with possible bounce back as earlier the same PIVOT level helped in bounce back. PLEASE CONSIDER ASKING YOUR FINANCIAL ADVISOR as its a RISK TRADE. Buy at 0.98294 with Stop-loss of 0.97880 and Target of 0.99170
long ...after the breakout bcz in weekly and daily strong support of 200 ma and over trend line ..and we are near to over retest area...in 4 hr we see market is also over bough zone..
strong support...50 & 200 ma and trend line also their,,,and its over retest area..
The 4 Hour chart of USD/CHF has formed a RSI Convergence So, it is expected to be bullish for short term.