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masoudrezaei2012
May 2, 2021 12:49 PM

long postion opportunity with resenable risk/reward Long

U.S. Dollar/Swiss FrancFXCM

Description

as DXY shows a change in its trend and it seems to continue an upward movement, USDCHF will show same behave after a short delay of time. also, USDCHF react to the trending line and tried to enter the cloud. i speculate the candles will enter the cloud and break trough it. if the candles stabilize outside the cloud, we can be ensure that the price will be continuing it's upward movement and will touch the target at 0.92973. based on your risk profile you can enter the position when the markets gets opened or wait until the candles break trough the cloud off coarse it reduce your Risk/reward.I suggest to enter buy market! I 'll do so.
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