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Have to do a bunch of tax things this weekend.
Trade Idea Wrap-up: USD/CHF - Buy at 1.0130
New Post has been published on http://u.to/iTl8Dw
Trade Idea Wrap-up: USD/CHF - Buy at 1.0130
USD/CHF – 1.0203
Most recent candlesticks pattern : N/A
Trend : Up
Tenkan-Sen level : 1.0184
Kijun-Sen level : 1.0182
Ichimoku cloud top : 1.0095
Ichimoku cloud bottom : 1.0095
Original strategy :
Buy at 1.0135, Target: 1.0250, Stop: 1.0100
Position : –
Target : –
Stop : –
New strategy :
Buy at 1.0130, Target: 1.0250, Stop: 1.0095
Position : –
Target : –
Stop : –
As the greenback has surged again after brief pullback and broke above indicated resistance at 1.0205, adding credence to our view that recent upmove has resumed and bullishness remains for further gain to 1.0230-35 (50% projection of 1.0021-1.0179 measuring from 1.0153), then 1.0250-55 (61.8% projection) but loss of near term momentum should prevent sharp move beyond 1.0300-10, bring retreat later.
In view of this, we are looking to buy dollar on pullback as 1.0130-40 should limit downside. Below the Ichimoku cloud (now at 1.0095) would defer and risk correction to 1.0070-75 before prospect of another rally.
Read More http://u.to/iTl8Dw
Trade Idea Wrap-up: USD/CHF - Buy at 1.0130
New Post has been published on http://u.to/iTl8Dw
Trade Idea Wrap-up: USD/CHF - Buy at 1.0130
USD/CHF – 1.0203
Most recent candlesticks pattern : N/A
Trend : Up
Tenkan-Sen level : 1.0184
Kijun-Sen level : 1.0182
Ichimoku cloud top : 1.0095
Ichimoku cloud bottom : 1.0095
Original strategy :
Buy at 1.0135, Target: 1.0250, Stop: 1.0100
Position : –
Target : –
Stop : –
New strategy :
Buy at 1.0130, Target: 1.0250, Stop: 1.0095
Position : –
Target : –
Stop : –
As the greenback has surged again after brief pullback and broke above indicated resistance at 1.0205, adding credence to our view that recent upmove has resumed and bullishness remains for further gain to 1.0230-35 (50% projection of 1.0021-1.0179 measuring from 1.0153), then 1.0250-55 (61.8% projection) but loss of near term momentum should prevent sharp move beyond 1.0300-10, bring retreat later.
In view of this, we are looking to buy dollar on pullback as 1.0130-40 should limit downside. Below the Ichimoku cloud (now at 1.0095) would defer and risk correction to 1.0070-75 before prospect of another rally.
Read More http://u.to/iTl8Dw
Trade Idea Wrap-up: USD/CHF - Buy at 1.0130
New Post has been published on http://u.to/iTl8Dw
Trade Idea Wrap-up: USD/CHF - Buy at 1.0130
USD/CHF – 1.0203
Most recent candlesticks pattern : N/A
Trend : Up
Tenkan-Sen level : 1.0184
Kijun-Sen level : 1.0182
Ichimoku cloud top : 1.0095
Ichimoku cloud bottom : 1.0095
Original strategy :
Buy at 1.0135, Target: 1.0250, Stop: 1.0100
Position : –
Target : –
Stop : –
New strategy :
Buy at 1.0130, Target: 1.0250, Stop: 1.0095
Position : –
Target : –
Stop : –
As the greenback has surged again after brief pullback and broke above indicated resistance at 1.0205, adding credence to our view that recent upmove has resumed and bullishness remains for further gain to 1.0230-35 (50% projection of 1.0021-1.0179 measuring from 1.0153), then 1.0250-55 (61.8% projection) but loss of near term momentum should prevent sharp move beyond 1.0300-10, bring retreat later.
In view of this, we are looking to buy dollar on pullback as 1.0130-40 should limit downside. Below the Ichimoku cloud (now at 1.0095) would defer and risk correction to 1.0070-75 before prospect of another rally.
Read More http://u.to/iTl8Dw