brandonlz2017
Long

USDCHF Potential Retrace Setup

FX:USDCHF   U.S. Dollar / Swiss Franc
42 0 2
Drawing on some key support levels, USDCHF             is positioned to test these levels.

1.0082
1.00814

On a long term 1week time frame, USDCHF             has broken out from consolidation. Lower highs and higher lows have described the price movement from early 2015 until November 14th of this year. A long term uptrend may be in the future.

snapshot


For an aggressive trade, the stop loss can be set lower, potentially to .99441, another key support level . My stop of 1.002 is near the 20EMA line of strength. If the retracement bounces off the 1.00814-1.006 range, it is highly probable that price will retest 1.019 range.
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体
台灣
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out