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LightForex
Dec 30, 2019 1:10 PM

USDCHF Long position  Long

U.S. Dollar/Swiss FrancFXCM

Description

Good afternoon traders
Happy New Year!
Consider USCHF today with you. At the moment, we have reached a 4-month low and from here I expect a rebound and a break in the downward channel, which now exists for the first targets in the region of 0.98400 and further to 1.00200!

All successful trading
Comments
ppr787
I've been on the Buy Trend holding my trade is running on a negative since last week should I still Hold? For an uptrend
LightForex
@ppr787 Yes, you can keep the SL at the level of 0.96350
IllyrThrace
@ppr787, here is a tip. I watched everyone here was wrong with their charts. Most of the time they are. Do what you think is best and don't listen to these people because they are probably hedge funds and setting others up to fail. What i have learned is if a currency pays interest and an unjistified sell off happens keep adding little for margin purpose until it turns around while at the same time you are collecting the interest. These people are scammers.
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