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ICFX
Aug 22, 2019 4:45 PM

Uptrend started on daily Long

U.S. Dollar/Swiss FrancFXCM

Description

USDCHF reversed at yearly pivot with RSI divergence. This seems to be impulsive move - rally (Elliott wave cycle), days are gonna built up like bricks (you can easily trail stop). In matter of 7 trading days, we might be at middle yearly pivot (MR1). It might be heading all the way to yearly R1. I reversed (with small loss) my short position from last night into long.

Trade active

I moved stop on breaekeven, Lets see where it gets.
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