TDMarkets

Buy USD/CHF

Buy USD/CHF

On September 26, 2017, Posted by , In Uncategorized, By , With No Comments

Buy at price 0.9708 with a stop loss placed at price 0.9603 and a TP placed at 0.986. The market is at a weekly support, and it formed a double bottom on both daily and H4 chart.It also broke a descending trendline on D1 and now retesting it. However, one should expect a retracement at price 0.9741. So either one waits for a retracement to happen and enter after the retracement (which may not happen by the way). Or one could take the trade and seek to hold through the retracement.

 

Posted: 12:32

 

26/09/2017

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