USDCHF correctional move

FX:USDCHF   U.S. Dollar / Swiss Franc
Yesterday I took a long entry on this what I find a nice structure trade setup. Market broke previous resistance
and then went into extreme oversold on the RSI right at previous resistance which now became new support. I bought next bar candle. Market leaped north and took out target 1 which was good for 16pips. I'm still in that trade and looking for a rally all the way back up to 0.8917. I also have a cypher pattern watch but I don't want the market to get there as it will invalid this setup and a possible continuation to the downside may follow. If the Cypher pattern PRZ is reached I will only enter on a colour bar rotation and if there is an oversold RSI reading. Other then that I will be on the lookout for short entry signals near 0.8917
Looking at price rejecting 0.8894... 2 times I got a bit nervous but all is well... 16 pips for target 1, 26 pips for target 2 and 40pips for target 3 which I moved to 0.8926 for a total +82pips on just 1 trade today. Moving on to the next trade...
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out