TiborVrbovsky

Free 26 pips on me! USDCHF 15m Setup.

Long
FX:USDCHF   U.S. Dollar / Swiss Franc
USDCHF is breaking out from a wedge formation to the upside.
Rising wedges usually break to the upside.
RSI is giving a clear bullish signal of breaking 60 after quite some time, and has potential to rise again.
MACD is giving also a buy signal.
EMA's (20 and 50) are likely to give a buy signal, or are giving a fake buy signal right now.

Free 26 pip trade.
TP 0.90792 (27)
EN 0.90522 ♨️
SL 0.90442 (-8)
Reward/Risk = 3.33 RR

Good luck!
Tibor
Trade active: Filled order at 0.90522
Trade closed: target reached: Took profit at 0.90792! +27 pips

Comments

thanks for sharing!! I have a different view, this is what I see on USDCHF :
Reply
nice set up
Reply
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