Nakedtrading
USDCHF , Buy Long Term (entry) (H4)Based on my novice analysis I’m expecting price to hit the first Tp and possible push through till the second TP.
•Price has broken the trend line and is consolidating for the weekend
•Price has created a high-low
•Price was last here in 2017 and then showed a bullish momentum.
•Ichimoku cloud is underneath price and Chikou Span , price has also crossed over cloud
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Please feel free to add any recommendations or comments! I’m going back a forward between trading Naked and trying to learn and using the cloud for confirmation.
NZDCAD sell forecast LONGBased on my novice analysis I am expecting price to possibly push through the s/r zone of .67028. Price is now in a downtrend. I believe the bulls have exhausted and the bears are now coming in. We go with the trend!
• stop loss placed at .67413, at the bottom of the most recent consolidation above the sell area
•Tp1 is placed at the top of the last most recent zone below
•Tp2 is placed at the bottom of the last most recent zone below
I will be waiting to see and M form before making an entry. Please feel free to add your perspectives!! Anything helps!