V1:T13_USDCHF_Long_Daily-8hr_Strategic entry
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Getting long USDCHF. All indicators are moving toward a bullish move up here. For this particular currency it is reverting to the mean. 17 and 50 Exponential moving averages are crossing to the upside. RSI is holding above 50 and forming strong upward structure.
Short term there is room for a pullback this week so be vigilant! Lets get the best entry possible without catching a falling knife.
Long USDCHF is long USD/XXX which needs weak XXX/USD. This trade would require more stagnation in EURUSD which is looking likely.
Entry screenshots will be posted. Lets do this!
If you found this analysis useful or thoughtful Likes/Comments/Follows are much appreciated!
Disclaimer: Your data may be different. Material is educational only. Trade at your own risk!
Getting long USDCHF. All indicators are moving toward a bullish move up here. For this particular currency it is reverting to the mean. 17 and 50 Exponential moving averages are crossing to the upside. RSI is holding above 50 and forming strong upward structure.
Short term there is room for a pullback this week so be vigilant! Lets get the best entry possible without catching a falling knife.
Long USDCHF is long USD/XXX which needs weak XXX/USD. This trade would require more stagnation in EURUSD which is looking likely.
Entry screenshots will be posted. Lets do this!
If you found this analysis useful or thoughtful Likes/Comments/Follows are much appreciated!
Disclaimer: Your data may be different. Material is educational only. Trade at your own risk!
Comment:
Comment:
Did not get the conservative entry and missed the move. Took some time to get price moving. Once she went though she didn't look back.
