USD/CHF Accumulation Phase with Strong Rejections and New Highs
USD/CHF has been in an accumulation phase for over a month, making new highs and showing strong rejection at the lowest low from December. From a technical standpoint, it looks like a good time to buy. You could place a stop order to catch the move without missing out or wait for a possible retracement to get a better entry.
Note
price just wanted to go higher straight away,not sure if it's a good idea to move stop as it might just do a deeper pullback.Indecision is the word of the day.It might worth considering an early exit on profit or move the stop to breakeven but at a risk of getting stopped early and than going in your favour.....Transaction en cours
took slightly longer than anticipated but price has reached target profit almost 100% without going in the negative even a single bitTrade fermée: cible de profit atteinte
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.
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.