With Swiss Franc showing some fatigue after the bullish rally, a buy-limit order right at the key support level from D1 could bring an excellent opportunity for a long trade with the used R:R | 1:2.
With an E/P right at the support level happening accompanying with the 18 EMA as a bounce strategy, S/L for 50 pips with a T/P setting in the next supply zone.
In the realm of D1, price action shows a clear bullish bias, where even the lighter EMA 18 & 50 are about to form a golden-cross as a confirmation of the uptrend continuation.
With an E/P right at the support level happening accompanying with the 18 EMA as a bounce strategy, S/L for 50 pips with a T/P setting in the next supply zone.
In the realm of D1, price action shows a clear bullish bias, where even the lighter EMA 18 & 50 are about to form a golden-cross as a confirmation of the uptrend continuation.
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FEEL FREE TO CHECK MY SOCIAL NETWORKS FOR MORE MARKET INFORMATION 🇺🇸 🇪🇸
INSTAGRAM:
instagram.com/og.fxtrader
FREE TELEGRAM:
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.