newbie2016

USDCHF Long Setup in Bearish Trend..!! LONG TERM

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FX:USDCHF   Dolar A.S. / Franc Swiss
Details on chart.
Komen:
USDCHF struggling.. but holding its ground. Lets see how it rolls things..!!
Komen:
USDCHF holding very tight.. as it is at Do Or Die Situation..!!!!!

Komen:
We are now close to breakout.. either upside or downside.. as 4hr and Daily candles squeezing...
Komen:
USDCHF keeping hovering about stop 0.96 but not giving up..

Price action is very positive and I am expecting blow upside today.. Break above 0.968 with 4hr candle close above will confirm my view for march towards 0.98..
Komen:
hovering above stop 0.95
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Moved stop more 30 pips down below 0.95
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My euro swing sell setup from last 2 weeks.

Komen:
Euro unable to break 1.155 and usdchf holding 0.95 nicely... so upside down is now on way...
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I entered 2nd long entry from 0.9537
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Daily Chart

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I am closing my 1st position from 0.96 with 15 pips profit and will let run the other 2nd deal opened from 0.9537
Komen:
We have breakout of 0.9685, and dips will be now considered buy.
Penafian

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