newbietrader_TZW

Waiting for USDCHF opportunity to LONG!!!

Long
FX:USDCHF   U.S. Dollar / Swiss Franc
H4
  • Double Bottom was formed
  • MACD histogram showing weaker and weaker bullish momentum
  • MACD line and Signal line were crossed below 0 level
  • Stochatics also rebound from the 20 level

What to do now?
  • Long the market if you are radical treader
  • For conservative method is waiting for the break out of Purple Trend Line
  • Risk and Reward ratio will be 1:1
  • Do your proper risk management
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