Swissie - within up wedge - buy on 1H - correction trade
just now
- price is within smaller time frames in up trend wedge
- currently searching for support at 0.9935 - 0.994
- open long if this support doesn´t break until evening
- wait for confirmation before entering this trade
- RSI continues to follow up trend
- price supported by 50 day moving average which is important for smaller time frames
Good luck to all and have a successfull week !
- price is within smaller time frames in up trend wedge
- currently searching for support at 0.9935 - 0.994
- open long if this support doesn´t break until evening
- wait for confirmation before entering this trade
- RSI continues to follow up trend
- price supported by 50 day moving average which is important for smaller time frames
Good luck to all and have a successfull week !
Trade active:
short position active after close under trend line
take profit 0.99
Stop loss above 0.994
take profit 0.99
Stop loss above 0.994
Trade active:
move stop loss to entry
Trade closed: stop reached
The analyses provided are for informational purposes only and do not constitute financial advice or recommendations to buy or sell anything. The information presented is based on personal research and interpretation.
