USDCHF - WEEKLY SWING - 19. FEB. 2019WELCOME TO DACAPITAL-TRADING!
USDCHF FOREX BREAKDOWN 19 FEBRUARY 2019
1 HOUR
Bearish movement towards our entry
4 HOUR
Bearish market with some bullish pressure now
DAILY
Overall bullish waving market with several pullback
LEVELS
BUY USDCHF
ENTRY @ 1.00190
SL @ 0.99760 (45 Pips)
TP @ 1.00820 (60 Pips)
RR: 1.15, use normal risk!
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Usdchfbuy
USD/CHF LONG [DAY TRADING - SMPLE TREND CONTINUATION PATTERN] FX:USDCHF
Day trading analysis.
Price is making higher highs. Currently price is retracing (HL leg formation). We can see there is a Gred B bullish engulfing which might be the potential HL leg point.
I'm looking for long opportunity somewhere around 0.994 - 0.995. For safest entry, always wait for CRS confirmation at 1H / m15 time frame.
SL 30 pips and TP 2 times of SL.
TRADE AT YOUR OWN RISK
USDCHF on an upward trend Hey Guys,
After earning some good profit out of this trade,
i've decided to see whether it would break the up trend line or bounce upward.
It turns out there was a bounce back followed by a strong buy signal.
Hence, i believe that usdchf is still respecting its upward trend and i've decided to BUY on this trade.
T/P at 0.9537
S/L at 0.9410
R:R 1.7
Please don't trade more than 2% of your trade
Cheers!