Dear traders,
as you can see last week USDCHF posted a massive Hammer refusing to even touch support at 0.9.
My idea is that the market is going up reaching for 0.95.
Please take your time to look at the daily chart and you will see that the bullishness creating the Hammer comes from the very last 2 days of the week, Thursday and Friday, and that to me is a very bullish sign.
My plan is BUY USDCHF aiming at 0.95 (where I would close half position and move stop loss to breakeven price as usual) and I am willing to take a loss if a daily close below thw low of the weekly hammer present itself.
Trade with care and patience!
R
as you can see last week USDCHF posted a massive Hammer refusing to even touch support at 0.9.
My idea is that the market is going up reaching for 0.95.
Please take your time to look at the daily chart and you will see that the bullishness creating the Hammer comes from the very last 2 days of the week, Thursday and Friday, and that to me is a very bullish sign.
My plan is BUY USDCHF aiming at 0.95 (where I would close half position and move stop loss to breakeven price as usual) and I am willing to take a loss if a daily close below thw low of the weekly hammer present itself.
Trade with care and patience!
R
