Hey Everyone, let me talk you through the charts, based on what I have seen price remained bullish throughout last with mainly due to DXY. Price have dropped in AB=CD pattern where we expect price to drop further after completely the last touch to 'POI' OR ' POINT OF INTEREST'. Once price drops as described over the chart, we would expect price to reverse at over 'Order Block'. Let's see how Dxy holds up.
Here what's you need to do:
-Only buys at the suggest area and 'DO NOT SELL AT POI'.
-Once enters use stop loss of 40-50 pips do not use more than that.
-Take profit after 100 pips.
So what do you think about USDCHF
Here what's you need to do:
-Only buys at the suggest area and 'DO NOT SELL AT POI'.
-Once enters use stop loss of 40-50 pips do not use more than that.
-Take profit after 100 pips.
So what do you think about USDCHF
Trade active:
moving well 70 Pips
Trade closed: target reached