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ForecastCity_ME
Mar 18, 2022 9:22 AM

💡Don't miss the great sell opportunity in USDCHF Short

U.S. Dollar/Swiss FrancFXCM

Description


Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (0.9395).
if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. USDCHF is in a range bound, and the beginning of a downtrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 36.

Take Profits:
TP1= @ 0.9335
TP2= @ 0.9320
TP3= @ 0.9280
TP4= @ 0.9251
TP5= @ 0.9226

SL: Break Above R2

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Trade closed: target reached

406 pips profit...
Total Profit: 406
Closed trade(s): 406 Profit




Update Details:

Closed Profit:
TP1 @ 0.93350 touched at 03.18.2022 with 29 Profit.
TP2 @ 0.93200 touched at 03.18.2022 with 44 Profit.
TP3 @ 0.92800 touched at 03.25.2022 with 84 Profit.
TP4 @ 0.92510 touched at 03.30.2022 with 112 Profit.
TP5 @ 0.92269 touched at 03.30.2022 with 137 Profit.

29+ 44 + 84 + 112 +137= 406
Comments
Sophi2018
Thanks for sharing.
ForecastCity_ME
@Sophi2018, You're very welcome!
Sophi2018
That's an interesting idea👍
ForecastCity_ME
@Sophi2018, Thank you for your comment.
aymanbp98
🖕
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