USDCHF shopping area in M30 / H1 5
Updated
STATISTICAL ADVANTAGE SIGNAL = 75% reliability
Price update - High probability -
🔵⬆️ USDCHF shopping area in M30 / H1
5 touches in bearish support guideline, with macd divergence. Everything points to a rise in prices. We would look for the two most relevant fibonacci levels, 38.2%, where we would place the ratio 2 to 1, and 61.8%, with 3 to 1. Whoever wants it, can wait until the directive of immediate resistance is broken.
Ideal entry: 0.9625 / 0.9635
Stop Loss: 0.9605
Breakeven: 0.9670
Optional profit (1 to 1 ratio): 0.9660
Profit 1 (2 to 1 ratio): 0.9682
Profit 2 (3 to 1 ratio): 0.9708
Price update - High probability -
🔵⬆️ USDCHF shopping area in M30 / H1
5 touches in bearish support guideline, with macd divergence. Everything points to a rise in prices. We would look for the two most relevant fibonacci levels, 38.2%, where we would place the ratio 2 to 1, and 61.8%, with 3 to 1. Whoever wants it, can wait until the directive of immediate resistance is broken.
Ideal entry: 0.9625 / 0.9635
Stop Loss: 0.9605
Breakeven: 0.9670
Optional profit (1 to 1 ratio): 0.9660
Profit 1 (2 to 1 ratio): 0.9682
Profit 2 (3 to 1 ratio): 0.9708
Note
Took half of profit, it may come back down again after that shoulder head and shoulder. We'll find out.
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