Hello traders,
We have yet another great market set up to take advantage of. The CHFSGD has been consolidating in a falling wedge. We have since seen an opportunity to take advantage of a trend violation on the daily timeframe. Should we close above the trendline today, we are definately bullish unti we reach our target set at 1.48927, this target was set by our primary observation of an ABCD trend hike which is currently in motion. We will now take the long trade and hold, should we not break out of our trendline, we will close this trade.
Disclaimer
NASDAQ Guru offers general trading signals that does not take into consideration your own trading experiences, personal objectives and goals, financial means, or risk tolerance.
We have yet another great market set up to take advantage of. The CHFSGD has been consolidating in a falling wedge. We have since seen an opportunity to take advantage of a trend violation on the daily timeframe. Should we close above the trendline today, we are definately bullish unti we reach our target set at 1.48927, this target was set by our primary observation of an ABCD trend hike which is currently in motion. We will now take the long trade and hold, should we not break out of our trendline, we will close this trade.
Disclaimer
NASDAQ Guru offers general trading signals that does not take into consideration your own trading experiences, personal objectives and goals, financial means, or risk tolerance.
Trade active
Trade closed: target reached
