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