USDCHF Long - Strong Support and Divergence
Updated
My USDCHF 1D TF idea is based on a long term support area that held strong twice,
once in January 2015 and again in December 2023
Additionally i identified a clear divergence that aligns with my bullish bias
My Trade Setup:
Long Entry: Immediate at Current Price
Take Profit and Stop Loss: as mention on the chart
Good luck
once in January 2015 and again in December 2023
Additionally i identified a clear divergence that aligns with my bullish bias
My Trade Setup:
Long Entry: Immediate at Current Price
Take Profit and Stop Loss: as mention on the chart
Good luck
Trade closed: target reached
Update: USD/CHF Long Trade Progress
TP1 at 0.86407 has been hit! 🎯
Entry: Based on divergence near 0.83186 support.
TP1: 0.86407 ✅
New SL: Move to break even (BE) at 0.86407 to protect gains.
TP2: Targeting 0.88328 next,
Watching price action carefully for continuation to TP2, I'll post more updates as the trade progresses!
Note
TP2 (Final Target): Achieved at 0.88328 🎯
This trade demonstrated the strength of combining technical support with divergence, leading to both target profits being met. stay tuned for more updates!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.