Bulls are in control now! Long

U.S. Dollar/Swiss FrancFXCM

Description

⋅ Oct 8, 2020 12:24 AM

Breaking the daily countertrend line says that another leg of impulsive move is about to happen.

Sit tight and enjoy the ride.

Comments

samoten

⋅ Oct 8, 2020 5:00 PM

This projected impulse leg might be the last one before the big sell off, what do you think? I am targeting 0.9380 for buyers like me :) Thanks for sharing.

FXMANZ

⋅ Oct 8, 2020 6:07 PM

@samoten, As long as the market does not close below 0.9158 it has no choice but to go your way.

Saeed966

⋅ Oct 8, 2020 7:30 AM

thanks for sharing! this is what I see on USDCHF:

Saeed966

⋅ Oct 8, 2020 7:29 AM

Good

FXMANZ

⋅ Oct 8, 2020 7:45 AM

@Saeed966, Very good eyes. You know what! you might be right. Let's see what happens.

EliteOtaku

⋅ Oct 8, 2020 12:54 AM

what is your tp? I think 0.937 is target at least, 0.953 to be the 1.618 ext.

FXMANZ

⋅ Oct 8, 2020 1:29 AM

@EliteOtaku, I agree on 1.618 to exit.

EliteOtaku

⋅ Oct 8, 2020 4:15 PM

@FXMANZ, alert, drop under 0.916 would be dangerous to long setup. got to be careful.

Chuckboy275

⋅ Oct 8, 2020 1:41 AM

I’m pretty new to trading and placed this trade on a buy at .91712. How long do I wait for it before I collect profit? Thanks

FXMANZ

⋅ Oct 8, 2020 3:29 AM

@Chuckboy275, wait until the fat lady sings.