newbie2016
Long

USDCHF Long Setup in Bearish Trend..!! LONG TERM

FX:USDCHF   U.S. Dollar / Swiss Franc
247 7 21
Details on chart.
Comment: USDCHF struggling.. but holding its ground. Lets see how it rolls things..!!
Comment: USDCHF holding very tight.. as it is at Do Or Die Situation..!!!!!

snapshot
Comment: We are now close to breakout.. either upside or downside.. as 4hr and Daily candles squeezing...
Comment: USDCHF keeping hovering about stop 0.96 but not giving up..

Price action is very positive and I am expecting blow upside today.. Break above 0.968 with 4hr candle close above will confirm my view for march towards 0.98..
Comment: hovering above stop 0.95
Comment: Moved stop more 30 pips down below 0.95
Comment: My euro swing sell setup from last 2 weeks.

Comment: Euro unable to break 1.155 and usdchf holding 0.95 nicely... so upside down is now on way...
Comment: I entered 2nd long entry from 0.9537
Comment: Daily Chart

snapshot
Comment: I am closing my 1st position from 0.96 with 15 pips profit and will let run the other 2nd deal opened from 0.9537
Comment: We have breakout of 0.9685, and dips will be now considered buy.
newbie2016 ShauntheSheep
usdchf is a crazy pair.. it falls hard and it gains fast as well.. for now still seem weak..
Reply
it is similar to gold, lmao.
+1 Reply
newbie2016 ShauntheSheep
possible.. as i never compared it to gold :)
Reply
I am also in this one, but it is still struggling.
Reply
newbie2016 ShauntheSheep
risk always remain when going again trend... but buying from big figures gives good risk reward.. lets see as for now i see more consolidation.. but break of 0.95 will suggest more downside towards 0.9475 and possible 0.926
Reply
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