USDCHF LongTime Frame: 4H
Symbol: USDCHF
Entry: 0.94255
TP: 0.96151
SL: 0.92977
Bias: Long
We are still bullish for USDCHF. Our bias grounds in concurrent fundamental factors which are upholding the strength of dollar to a higher scale. If the current situation persists ,we will stay bullish until we notice any major divergence signals.
Usdchflong
USD/CHF Full Analysis And 2 Scenarios Available To Get 200 PipsThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
USDCHF continues to riseThe pair performed as anticipated, an area of significance of which I had market was tested following the pullback yesterday. I performed according to plan
Holding long, based on the long-term projection of the pair, I shall watch how structure continues to unfold and manage my execution accordingly. I anticipate a continued rise for the day to 0.93980.
I am aware of the "red flag" news release for the USD, I see the news being used to shift the cycle upward, there still is the possibility that they may hit stops instead. My only job at the moment is to manage my entry according to plan and wait for TP to be hit.
USDCHF gearing to riseThis pair has finally pulled back, albeit not exactly in the manner which I had thought to see unfold.
Price has still performed in a way that I expected based on structure and the weekly cycle so I'm waiting to see further confirmation (possibly going into tomorrow London session) of an executable entry according to my trading plan. Patience is the key to success so I shall wait.
Given the USD is moving as I have projected I'm confident that I will get my entry soon
USDCHF | Live position reviewThis is a follow-up on our USDCHF posted on Monday (see link below for reference purposes);
With approximately 80pips running in profit, we have moved our stop loss to 0.93150 with 3 positions presently running. Let's keep our fingers crossed and see if the price will hit our TP. Cheers!
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Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
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Past performance is not necessarily indicative of future results.