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SwissPips
Feb 8, 2018 4:50 PM

USDCHF: You get another chance to buy it !  做多

FX:USDCHF60
U.S. Dollar/Swiss FrancFXCM

描述

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Hi guys,

The pair is trading in a channel right now.

I am expecting it to reach the top of the channel and eventually break it to the upside.

Trade with care.

Cheers

Jesse


评论

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I like this bullish candle on the weekly...

Will definitely add more USD longs next week.

Cheers

Jesse

评论

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In a continuation pattern, expecting the breakout this afternoon

Trend AnalysisChart PatternsUSDCHFbuyBullish PatternsForexｆｘ
评论
sirisaraweb
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@SwissPips Trade Still Active? USDCHF going down? i follow your give me advice to hold or exit. Thank You!
SwissPips
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@sirisaraweb, yes I m still in big buyers supporting these levels
TrendForecaster
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Thanks bro what would be your sl if u had one
Jefe
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Yeah still valid. He draws the chart in a hurry, no offence :p
SwissPips
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@fakhan, sorry?
Jefe
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@SwissPips, I meant to say your lines are a bit out of order. Anyway, doesn't matter now. Trade invalid right?
SwissPips
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@fakhan, it depends on the pattern you see, it's all a question of point of you. No for me the trade is still valid. Let's see how London opens
Jefe
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@SwissPips, The price is out of the channel. Why do you still have the trade on? I mean I certainly believe that USDCHF is massively oversold right now but hey I'm not going to fight the market. If I'm wrong, I'll just exit the trade and get on the next one. Still, I'd love to hear why you have the trade on, maybe I'm missing something?
SwissPips
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@fakhan, because the pattern has slightly changed since I posted my idea. I believe the top of the channel is in progress but I see a rebound on the bottom, so for the moment I am keeping my position. Should price cross downwards the support I will consider closing my long trade.

Jefe
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@SwissPips, I see. Well, it went way below the trend line. That's usually a clear sign for me to stay away. No solid reasons for a strong dollar either. Trump doesn't want it strong before March. So considering the possibilities, maybe manipulation is at work and it certainly is risky to stick to your original assessment even when you have been proven wrong. Anyway, let's see how this goes.
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