usdchf breakout trade idea..
Updated
20 EMA on daily kept usdchf in range for quite a while..
but now it is at verge of breakout..
Since the fall from 1.0255.. usdchf never closed
daily candle above 20 ema.
Today it has taken out and daily close will confirm
upside continuation and for confirmation we have
Daily Rising Trendline and usdchf is holding nicely.
Buy the breakout with sl. then below daily trendline
and tp again towards 1.02
but now it is at verge of breakout..
Since the fall from 1.0255.. usdchf never closed
daily candle above 20 ema.
Today it has taken out and daily close will confirm
upside continuation and for confirmation we have
Daily Rising Trendline and usdchf is holding nicely.
Buy the breakout with sl. then below daily trendline
and tp again towards 1.02
Note
usdchf closed daily candle above 20 ema. and now buy pending on retracement..Buy Limit 0.995
Stop Loss 0.984
TP. 1.003.
1.022
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