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UGTraders
May 16, 2019 10:31 PM

USDCHF - Correction might be over.. Long

U.S. Dollar/Swiss FrancFXCM

Description

Currently USDCHF is in a correction phase which is about to end over.

Be prepared to use such scenario in your favor and never trade without stop-loss.

To be updated...

Comment

Pay close attention to the momentum, currently the market raises but if there isn't
a clear momentum in the long direction, I will quite as soon as we meet a resistance.

Trade closed: target reached

Close the trade, no enough momentum to rise the market.

it's better to stay out right now..

Comment

As I mentioned earlier, the market can't find enough momentum to fly away.

Yeah, it followed the forecast but thankfully it wasn't a big deal to miss, the market raised slightly with weak momentum,

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