Makeyourmoneywork4U Trade Idea
Pair: USDCHF
Position: BUY
Timeframe: D/ 4HR
STOP LOSS: 0.89464
TAKE PROFIT: 0.93222
Reason for trade: This pair made the A-B B-C and then the C-D leg didnt quite reach our 161.8% level and it has come back down to the original start of A point again, as our custom indicators are showing the overall trend as buy and this pair is opposite of XAUUSD which we have analysed as being in a sell this week I am confident of taking a buy on USDCHF and holding till the 161.8% fib level
Remember to trade cautiously and use proper risk management
Pair: USDCHF
Position: BUY
Timeframe: D/ 4HR
STOP LOSS: 0.89464
TAKE PROFIT: 0.93222
Reason for trade: This pair made the A-B B-C and then the C-D leg didnt quite reach our 161.8% level and it has come back down to the original start of A point again, as our custom indicators are showing the overall trend as buy and this pair is opposite of XAUUSD which we have analysed as being in a sell this week I am confident of taking a buy on USDCHF and holding till the 161.8% fib level
Remember to trade cautiously and use proper risk management
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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.
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.