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May 14, 2019 1:19 PM

Analysis with 250 pips of benefit #USDCHF  Long

U.S. DOLLAR / SWISS FRANCICE

Description

The USD-CHF broke the resistance on 12 April and very quickly returned to fall. You can see that it stopped in the breakout zone, meaning that this is the ideal time to enter the long position because it is a support area and we are close to it(we can place our stop loss very close and reduce our risk).
You can also see the Stochastic found in the Oversold.
Entry price: 1.0070
Stop loss: 1.0030
Take profit: 1.0302
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