USDCHF on the daily time frame is forming a beautifull buy setup. As we speak the 4 hour time frame shows a similar setup.
The trading range is narrowing and today the price already spiked above it. Stoch Rsi shows a nice bullish cross-over and at ADX we can see a sharp bend down of the red line and a sharp bend up of the green line which is usual a reversal sign, a bullish one in this case!
Entry: cmp
TP: 0.9770 > 0.9855
SL: 0.9580
The trading range is narrowing and today the price already spiked above it. Stoch Rsi shows a nice bullish cross-over and at ADX we can see a sharp bend down of the red line and a sharp bend up of the green line which is usual a reversal sign, a bullish one in this case!
Entry: cmp
TP: 0.9770 > 0.9855
SL: 0.9580
Trade active
Trade closed: target reached