Mandeep.Singh
Long

Long position EUR/CHF

FX:EURCHF   Euro / Swiss Franc
51 0 2
Reasons for buying this pair:

- We are in an uptrend on both the daily and 4 hour charts.
- Price has been gradually climbing, consolidating and climbing again.
- Price has been putting in higher highs and higher lows.
- Price has been testing but failing to break through the upward sloping trend line acting as resistance.
- The horizontal lines seem to be acting as resistance turning into support everytime higher highs/lows have been made.
- Price has closed on the 4 hour chart as a hammer with a long lower wick signalling buying pressure.
- Price has formed a bullish engulfing with a stochastic in oversold conditions as well as a crossover.
Trade closed: stop reached: Stop loss might have been too tight, price seems to have gone below previous support level.
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体
台灣
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out