After a 100 pip drop from the previous high we decided to recommend a buy signal, Here are the reasons:
1. Stochastic is at its bottom in the 12-point area and its lines intersect properly for a buy signal
2. The price of usdchf is currently on the interesting support of Senkou Span (Ichimoku indicator)
3. The cloud of the Ichimoku still uptrend cloud
Entry Price: 0.9930
Take Profit: 1.0120
Stop Loss:0.9860
1. Stochastic is at its bottom in the 12-point area and its lines intersect properly for a buy signal
2. The price of usdchf is currently on the interesting support of Senkou Span (Ichimoku indicator)
3. The cloud of the Ichimoku still uptrend cloud
Entry Price: 0.9930
Take Profit: 1.0120
Stop Loss:0.9860