USDCHF potential for a long idea, stoch fib used

Dolar A.S. / Franc Swiss (FX:USDCHF)

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FX:USDCHF Dolar A.S. / Franc Swiss

trendanalysis chartpattern indicator usdchf long fibonacciretracement

My idea is a continuation of the upward movement given the weak Fibonacci retracement in the past. If the stochastic indicator begin to tick up from the bottom then confidence in this idea increases. I welcome constructive comments from others and feel free to take a look at my other idea's as they have, funnily enough, been doing very well.

Dagangan aktif:

SL moved up to 23.6 retracement level, initial target looks well within range. Stochastic still yet to tick up. May move target if it does tick up.

Dagangan ditutup: hentian tercapai

Komen:

SL stopped out early, still in profit but target not reached. Will patiently wait and watch to see what the pair does while news is being released.

Komen:

Higher time frame in chart needs to be looked at before reconsidering an idea on this pair.

Penafian

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