USD/CHF (Is the "Risk On" back?)
Updated
View On USD/CHF (23 July 2019)
We have some bullish candles appeared in the past few days. Soon it has to break out from the DOWN trend (red dotted line) to show their seriousness on the bull side.
We are seeing some potential Bullishness in USD/CHF and It can go to 0.992 (TP1)/ 0.999 (TP2) region. All the best.
DYODD, Our trade analysis may not suitable to intraday (or) short time frame trading.
Whatever method you use if you do not follow the proper rule of risk management, it will have detrimental effects on your account.
Feel Free to "Follow", press "LIKE" <or> "Comment".
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
We have some bullish candles appeared in the past few days. Soon it has to break out from the DOWN trend (red dotted line) to show their seriousness on the bull side.
We are seeing some potential Bullishness in USD/CHF and It can go to 0.992 (TP1)/ 0.999 (TP2) region. All the best.
DYODD, Our trade analysis may not suitable to intraday (or) short time frame trading.
Whatever method you use if you do not follow the proper rule of risk management, it will have detrimental effects on your account.
Feel Free to "Follow", press "LIKE" <or> "Comment".
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Note
Updated View on USD/CHF (24 July 2019)The pair is going in the direction as we expected.
Our initial view still stands.
Note
Updated View on USD/CHF (26 July 2019)Did you follow our free advice? Congrats.
TP1 (0.992) level is hit. Cheers!
Note
Updated View On USD/CHF (29 July 2019)After TP1 level hit, will it go to the TP2?
Now it needs to break out the immediate resistant of 0.995 level first.
Aug 1 FED rate decision will be the answer.
Note
Updated View On USD/CHF (1 Aug 2019) It is approaching our TP2 region of 0.999 (TP2).
It should hit the region soon.
Staying with the 'LONG' side is a better bet.
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