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Jiraiya_eth
Jun 10, 2021 2:42 PM

USDCHF Long Long

FX:USDCHF60
U.S. Dollar/Swiss FrancFXCM

Description

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Good afternoon ladies & gents,

Crazy good day today. Opportunities every all day on all pairs.

Here's a little freebie for you.

USDCHF has stop hunted a significant daily low & previous H4 Low.

After breaking market structure we have our lower timeframe entry confirmations to look for a long.

The Monthly + Weekly indicate a rally in USDCHF.

In light of Dollar strength, this move will be catalysed by Swiss Weakness.

Good luck!

-AmplaFX

Trade closed manually

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Scrap this idea.

Trade active

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Entered UF

Stop @ 0.89300

Comment

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Closed 25% of floating position.

Leaving the rest to run to our Monthly Target.

Follow our current thread on USDCHF for more updates on this pair.
Trend AnalysisChart PatternsBeyond Technical AnalysisUSDCHFLONGBullish Patternsreversalorderfloworderblocksstophuntliquidityfx
Comments
keneri44
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Yes. This is my analysis too. Potential second leg about to rally for a W(double bottom) if you look at daily time frame. It has moved for stop hunt too so now is a good time to buy long.
Jiraiya_eth
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@keneri44, Agreed. But not too sure about DXY's trajectory for the drop, I'll look for an entry tomorrow. But idea is still valid for sure.
jayman.b.patel
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Mate …. Really?
Jiraiya_eth
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@JayMan.b.patel, Don't whine. Being flexible with ideas is what trading is about, don't be so rigid.
jayman.b.patel
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@AmplaFX, 🤭 you know I’m winding you up
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