Hi guys,
coming from a slow week last week we are now getting another setup. USDCHF is retesting the recent horizontal support zone with a lowtest, while also rejecting the major 0.5 Fibonacci retracement level. A 50 EMA retest would've been awesome, but this price action is enough for me to justify an entry. With 5 confluence factors this trade is a B in my category, and thus its fitting my trading plan.
The stop will be set below recent price action, the target is set at the recent highs and the next horizontal resistance level.
Happy trading
coming from a slow week last week we are now getting another setup. USDCHF is retesting the recent horizontal support zone with a lowtest, while also rejecting the major 0.5 Fibonacci retracement level. A 50 EMA retest would've been awesome, but this price action is enough for me to justify an entry. With 5 confluence factors this trade is a B in my category, and thus its fitting my trading plan.
The stop will be set below recent price action, the target is set at the recent highs and the next horizontal resistance level.
Happy trading
交易進行
Trade is live!交易結束：目標達成
Trade closed for a profit of 1.40%
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免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。