USDCHF is approaching the bottom of the year long Channel Down after an aggressive rejection on the MA100 (1d).
The RSI (1d) is extremly oversold, close to 20.00.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 0.88000 (expected contact with the MA50 1d near the top of the Channel Down).
Tips:
1. The RSI (1d) gets rejected above its MA level and the 60.00 mark. Use it in addition to the MA100 (1d) rejection indication.
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The RSI (1d) is extremly oversold, close to 20.00.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 0.88000 (expected contact with the MA50 1d near the top of the Channel Down).
Tips:
1. The RSI (1d) gets rejected above its MA level and the 60.00 mark. Use it in addition to the MA100 (1d) rejection indication.
Please like, follow and comment!!
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Also doing account management, earn +15% monthly profit!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Join our private Telegram signals channel, with +70% accuracy for forex and crypto! 🎉
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.