USDCHF is threatening to break this channel resistance.
Buy stop entered as shown Entry price .95722, in my opinion safely above the channel to confirm a bullish break.
Dagangan aktif
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Long entered with Buy Stop as shown.
Dagangan ditutup: sasaran tercapai
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I think it stil has room to move up but I like to lock my profits
Komen
sunnyk
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channel is in a downtrend ... little bit like picking a bottom here ...
QuileHills
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Using a channel break to confirm a short term trend change is a little more reliable than say just using a historical support area. Combined with RSI divergence and proper money management/risk management it can be a lucrative tool in your strategy.
Jahid
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Best Work Early :)
SUNJUPMER
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TP 0.9661?
SUNJUPMER
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what will be your TP brother?
QuileHills
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It's currently as shown. I may make this a zero risk trade by moving the SL into profit.
QuileHills
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To clarify, current TP is .9658
SUNJUPMER
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Thank you dear friend
StevenMilward
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I did this, and we just had a drop and I only make a few pips. oops.