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MtxTrader
Feb 12, 2017 2:12 AM

USDCHF 1h Possible Long off Support Trendline Long

U.S. Dollar/Swiss FrancFXCM

Description

I bought this pair last week in the green circle and closed in profit in the blue one even when most people thought the USDollar Index, DXY, was going to fall even more. I even had doubts when the pair retraced back to the trendline, but I held. It just goes to show to trust you analysis and not let your emotions influence you.

At the moment I am looking at another trendline bounce as price roughly follows the arrows, and i buy once more in the green circle. Target is blue circle.
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