USD/CHF. Expecting to move up
Yo Traders,
This is simple strategy and looks good with multiple confluences.
Price is at very strong support area presently respected on the multiple TF's.
On the 4HR TF the RSI is giving us a Divergence indicating that the price will be reversing. Weekly TF also shows divergence on the RSI giving good indication that price may reverse.
Looking to go long based on price action.
Lets wait and watch
Thanks
Madtradex
This is simple strategy and looks good with multiple confluences.
Price is at very strong support area presently respected on the multiple TF's.
On the 4HR TF the RSI is giving us a Divergence indicating that the price will be reversing. Weekly TF also shows divergence on the RSI giving good indication that price may reverse.
Looking to go long based on price action.
Lets wait and watch
Thanks
Madtradex
Note
price is moving up as expected.Note
Closing 75% of my position in profit on this trade. Letting the trade to run the rest if it wants to go any further
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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.