myforexblog

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USD/CHF Clearly Defined Target! I see a promising opportunity in the USD/CHF currency pair and recommend a buy position (Long-Trade). Target: The price is moving towards a higher level. I have marked my target at the top of the analysis with a green line. Stop-Loss: To minimize risk, I set the Stop-Loss at 0.84000. If the market unexpectedly breaks downward,...

myforexblog Updated 

Weekly Analysis (W30) Strategy: Short and Long Positions 1. Short Position: Entry Point: Sell when the price reaches a level near the upper boundary and a downward trend is anticipated. Target: Reach the lower support levels between 1.0 and 1.2 (or 1.3). Stop-Loss: If the price breaks above the red line (a critical resistance level) to minimize potential...

myforexblog Updated 

Third trader with the same analysis. Same Rules; hold until green line is reached.

myforexblog

In the chart analysis tool that I use, selecting the right time frame is crucial for correctly interpreting and analyzing market movements. Unfortunately, I cannot upload 1-minute charts on TradingView, but I can start from a 15-minute interval. This is helpful, but I particularly recommend using shorter time frames like 1-minute or 5-minute charts for day...

myforexblog Updated 

Second trade - short again - if the second red line is broken, I close - otherwise, I hold until the green one is reached.

myforexblog Updated 

I expect a short rend - that the green lines will be reached - if the red lines are broken, I will close my position; otherwise, I will hold until the target is reached.