Back Testing USDCHF / H4 / Long Hidden bullish divergence Long

U.S. Dollar/Swiss FrancFXCM

Description

⋅ May 19, 2017 7:16 PM

Hi,

I was back testing the USDCHF on H4 since 01/2016 and i found these levels are respected very well and i want to share them with you :

Support Resistance
0.95865 1.03117
0.96539 1.02500
0.97004 1.01782
0.97728 1.00982
0.98050 0.99928
0.98574 0.99123

Thx for your feedback.

Comments

rigen

⋅ May 20, 2017 6:46 PM

is it reversing from here? The price is really low now. Day indicator shows up. Please share,Thank you.

OmarNAMOUCHI

⋅ May 20, 2017 7:57 PM

@rigen, yeah i expect the bull will be back soon, the price is very attractive for buyres and the bear is losing momentum and the RSI is showen a hidden divergence, i have already 4 long positions runing, you can wait for Engulfing candel or retest for LL befor entring. thank you for your comment.