USD/CHF: Signal Triggered - Expecting a Bullish Move

2024年8月23日

A buy signal has been generated for based on the following technical conditions:

SMA50/EMA26 Crossover: The 50-period Simple Moving Average (SMA50) has crossed above the 26-period Exponential Moving Average (EMA26), which is a strong bullish signal indicating a potential upward trend.

Bullish Power Confirmation: Bull Bear Power indicator has confirmed the signal by reaching a specified level that historically correlates with positive price action. This level is carefully selected to filter out false signals and ensure high probability trades.

Trade Setup:

Entry Level: 0.85225 (Based on SMA50/EMA26 crossover)
Stop-Loss: 08508 (Determined by the strategy)
Take-Profit: 0.8622 (Calculated with a predefined multiplier on risk)

This setup indicates that USDCHF is likely to continue its upward movement, supported by strong technical indicators. Traders should consider entering a long position at the current market price.

https://www.tradingview.com/x/G59kQLK4/

2024年8月25日

交易結束：達到停損點

Unfortunately, shortly after entering the trade based on the signal, our stop-loss was triggered. The reason for this was the Powell Fed speech, which had a significant impact on the forex markets as a whole and considerably weakened the dollar in the short term.