Mandeep.Singh
Long

Long position EUR/CHF

FX:EURCHF   Euro Fx/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.
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out