Hello my friends,
Another setup coming to everyone.
This time is USDCHF pairs.
Notice how price already broken above the kumo cloud and currently continue going up. I think there is a possibility for price to continue going up until 0.9195-0.9200 area which is the nearest resistance.
I am waiting for price to retrace around 0.9115-0.9120 before initiating buy position
Buy USDCHF at 0.9115-0.9120
Stop loss 0.9075
Take profit 1 @0.9155
Take profit 2 @0.9195
RR ratio is 1:2
Use only 1-2% risk
Good luck
Another setup coming to everyone.
This time is USDCHF pairs.
Notice how price already broken above the kumo cloud and currently continue going up. I think there is a possibility for price to continue going up until 0.9195-0.9200 area which is the nearest resistance.
I am waiting for price to retrace around 0.9115-0.9120 before initiating buy position
Buy USDCHF at 0.9115-0.9120
Stop loss 0.9075
Take profit 1 @0.9155
Take profit 2 @0.9195
RR ratio is 1:2
Use only 1-2% risk
Good luck
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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.
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.