Hello Traders!
Welcome to another analysis of USDCHF. DXY is bullish showing strength of the dollar. USDCHF is struggling at the 0.94800 support level hence I am going to wait for a confirmation to go long with a buy stop at 0.9500.
Market-Buy-Stop: 0.9500
Stop-Loss: 0.94800
Target: 0.95500
Stop-Loss: 50 pips
Risk: 1%
Risk-Reward: 2.50
What do you think?
Thank you for checking my idea out. Do not forget to Like, Comment and Follow for more ideas.
Welcome to another analysis of USDCHF. DXY is bullish showing strength of the dollar. USDCHF is struggling at the 0.94800 support level hence I am going to wait for a confirmation to go long with a buy stop at 0.9500.
Market-Buy-Stop: 0.9500
Stop-Loss: 0.94800
Target: 0.95500
Stop-Loss: 50 pips
Risk: 1%
Risk-Reward: 2.50
What do you think?
Thank you for checking my idea out. Do not forget to Like, Comment and Follow for more ideas.
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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.
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.