USDCHF 1:5.25 RR LONG
Hello,
This time, let's look at USDCHF.
0.945 ~ 0.95 zone has been respected several times since August 2015. As we can see on the chart, USDCHF hit and bounced off 955~945 level in October 2015/ April 2016/ May 2016/ June 2016/ August 2016/ November 2016/ July 2017, and now it is being hit again in August 2017 (trading at 0.9554 as we speak).
Prior to 2017, each time after it reached the above mentioned zone, 0.99 (at least 400pips, October 2015June August October 2016) followed. Three positions opened, first target is 0.97575 (200pips) second 0.9933 (380pips) (highs in May July October 2016) and 1.025 (700pips).
It will take several months to complete, but patience pays!
This time, let's look at USDCHF.
0.945 ~ 0.95 zone has been respected several times since August 2015. As we can see on the chart, USDCHF hit and bounced off 955~945 level in October 2015/ April 2016/ May 2016/ June 2016/ August 2016/ November 2016/ July 2017, and now it is being hit again in August 2017 (trading at 0.9554 as we speak).
Prior to 2017, each time after it reached the above mentioned zone, 0.99 (at least 400pips, October 2015June August October 2016) followed. Three positions opened, first target is 0.97575 (200pips) second 0.9933 (380pips) (highs in May July October 2016) and 1.025 (700pips).
It will take several months to complete, but patience pays!
Note
two months time we have see both target 1 and 2 being hit total 600pips, target 3 , here we come
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.