AdamFx42
Long

UsdChf challenging 4hr trendline from below

FX:USDCHF   U.S. Dollar/Swiss Franc
a month ago
UsdChf             is currently trying to break back above the 4hr trenline
The pair will have to hold above 0.9725 to confirm a break back up
A break back up, in my opinion, will make the breakout this morning a fake breakout

The plan is to buy a breakout conformation, and a apply a tight SL below trendline
The target will be up to you - how far can Chf recover - I will hold on to my long till 0.98
a month ago
Comment: Break above the 4hr trendline has happened now
I am long at 0.9730 - with a SL at the bottom of this 4hr candle at 0.9715
So, a 15 pip SL
My target is around 0.98, depending on how recovery goes, I will move my stop to breakeven once we reach 0.9750
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out