USDCHF in a Range Channel Long

U.S. Dollar/Swiss FrancFXCM

Description

⋅ Aug 12, 2019 8:35 AM

We can open Buy near Key Level 0.96946 if the price will make a fake breakout.
Potential profit will be in 5 times bigger than risk

Trade active

⋅ Aug 13, 2019 8:42 AM

Comment

⋅ Aug 16, 2019 8:42 AM

Comment

⋅ Aug 16, 2019 9:07 AM

new idea

Comments

piotr18050

⋅ Aug 12, 2019 8:01 PM

If daily candle closes below it the shit might hit a fan .
Recent news about USA debt were a tipping point that pushed the pair under that key level . Not so sure about the buy anymore . Although the dxy might recover @Yuriy_Bishko what are your thoughts?

Yuriy_Bishko

⋅ Aug 13, 2019 8:44 AM

@piotr18050, us you see, the price bounced from this level

Yuriy_Bishko

⋅ Aug 13, 2019 8:45 AM

@piotr18050, about DXY

Yuriy_Bishko

⋅ Aug 16, 2019 8:42 AM

@Yuriy_Bishko, it was good idea)

piotr18050

⋅ Aug 12, 2019 5:03 PM

0.96946 was broken and then the price retracted . Looks like a small break out

piotr18050

⋅ Aug 12, 2019 5:04 PM

@piotr18050, I have opened buy ( small fake break out and a nice pin candle on H4 )

Yuriy_Bishko

⋅ Aug 12, 2019 8:35 AM

Share your ideas about USDCHF here!