jmontalban1

jmontalban1

It started moving to the downside and I think this might be the case for this trade. Let me know what you think.

jmontalban1

USDCHF is a strong buy at the moment according to the screener but I'm waiting for the breakout and a retracement to enter a buying trade. If it goes over the support and did a retracement then I will be entering a short. Let me know what you think of this idea.

jmontalban1

it already made the retracement and will potentially keep on going down. Let me know you thoughts on this idea.

jmontalban1

it seems like the retracement to the resistance is finished and it's starting to move down to the direction we want. What are your thoughts about this trade? Please let me know. Thanks

jmontalban1

It broke the resistance and already did a retracement. I think it will start to go to the upside. Let me know what you think about this idea.

jmontalban1

Wait for the confirmation, if it breaks the resistance wait for the retracement and enters a long trade. If the market goes down and broke the previous support wait for the retracement and enter a short. Let me know what you think.

jmontalban1

If it breaks the bottom support then we can look for a short position after the retracement.

jmontalban1

I think it will be moving up above the support and take out the traders who put their stop loss just above the support then will move to the downside after. Let me know what you think.