Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.883). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. USDCHF is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 60.
Take Profits:
TP1= @ 0.8865
TP2= @ 0.8880
TP3= @ 0.8915
SL= Break below S2
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. There is a possibility of temporary retracement to suggested support line (0.883). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. USDCHF is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 60.
Take Profits:
TP1= @ 0.8865
TP2= @ 0.8880
TP3= @ 0.8915
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex trader?
Now, It's your turn!
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
交易進行:
33 pips profit...
Total Profit: 33
Closed trade(s): 11 Profit
Open trade(s): 22 Profit
Update Details:
Closed Profit:
TP1 @ 0.8865 touched at 01.08.2021 with 25 Profit.
Open Profit:
Profit for one trade is 0.8851(current price) - 0.8840(open price) = 11
2 trade(s) still open, therefore total profit for open trade(s) is 11 x 2 = 22
All SLs moved to Break-even point.
Take Profit:
TP2= @ 0.8880
TP3= @ 0.8915
Total Profit: 33
Closed trade(s): 11 Profit
Open trade(s): 22 Profit
Update Details:
Closed Profit:
TP1 @ 0.8865 touched at 01.08.2021 with 25 Profit.
Open Profit:
Profit for one trade is 0.8851(current price) - 0.8840(open price) = 11
2 trade(s) still open, therefore total profit for open trade(s) is 11 x 2 = 22
All SLs moved to Break-even point.
Take Profit:
TP2= @ 0.8880
TP3= @ 0.8915