Trendline resistance - now sitting @ 200 ma. Don't you just love the NY open?
Usdchf h1... wait for candle to close below the neckline to take selll order
USDCHF:- PAIR APPROACHING NEAR THE RESISTANCE ZONE. USE SELL LIMIT@1.005 TP .990 SL@1.010
SELL USDCHF NEAR .9812/35 SL .9856 TP 9755/9716 CURRENT RATE 9811 THANKS
Potential Long Trade On USDCHF 60M TF
Potential Long Trade On USDCHF 60M TF Ichimoku Analysis
We are expecting USDCHF move to upside after a small fall.
Pair trading in falling channel on 4 hour chart with major resistance area comes around 1.0005 level. USD/CHF bounce back from 0.9920 level after weak GDP numbers. Bullish above : 1.0010 Bearish Below : 0.9950
My idea is is to sell at any resistence to target for bottom of channel to 0.983 around
As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=0.9965. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=0.9915. TP4: S2=0.9885. Set the stoploss of these orders at breakout of R2=0.999. Stop and reverse: If trend gets reversed, buy (stop) orders will be opened at breakout of...
the price will go up to the next resistance area and will keep going if will not rejection back