#10130

New Post has been published on http://u.to/iTl8Dw

Trade Idea Wrap-up: USD/CHF - Buy at 1.0130

USD/CHF – 1.0203

Most recent candlesticks pattern : N/A

Trend                                    : Up

Tenkan-Sen level                  : 1.0184

Kijun-Sen level                    : 1.0182

Ichimoku cloud top                 : 1.0095

Ichimoku cloud bottom              : 1.0095

Original strategy :

Buy at 1.0135, Target: 1.0250, Stop: 1.0100

Position : –

Target :  –

Stop : –

New strategy  :

Buy at 1.0130, Target: 1.0250, Stop: 1.0095

Position : –

Target :  –

Stop : –

As the greenback has surged again after brief pullback and broke above indicated resistance at 1.0205, adding credence to our view that recent upmove has resumed and bullishness remains for further gain to 1.0230-35 (50% projection of 1.0021-1.0179 measuring from 1.0153), then 1.0250-55 (61.8% projection) but loss of near term momentum should prevent sharp move beyond 1.0300-10, bring retreat later.

In view of this, we are looking to buy dollar on pullback as 1.0130-40 should limit downside. Below the Ichimoku cloud (now at 1.0095) would defer and risk correction to 1.0070-75 before prospect of another rally.

New Post has been published on http://u.to/iTl8Dw

Trade Idea Wrap-up: USD/CHF - Buy at 1.0130

USD/CHF – 1.0203

Most recent candlesticks pattern : N/A

Trend                                    : Up

Tenkan-Sen level                  : 1.0184

Kijun-Sen level                    : 1.0182

Ichimoku cloud top                 : 1.0095

Ichimoku cloud bottom              : 1.0095

Original strategy :

Buy at 1.0135, Target: 1.0250, Stop: 1.0100

Position : –

Target :  –

Stop : –

New strategy  :

Buy at 1.0130, Target: 1.0250, Stop: 1.0095

Position : –

Target :  –

Stop : –

As the greenback has surged again after brief pullback and broke above indicated resistance at 1.0205, adding credence to our view that recent upmove has resumed and bullishness remains for further gain to 1.0230-35 (50% projection of 1.0021-1.0179 measuring from 1.0153), then 1.0250-55 (61.8% projection) but loss of near term momentum should prevent sharp move beyond 1.0300-10, bring retreat later.

In view of this, we are looking to buy dollar on pullback as 1.0130-40 should limit downside. Below the Ichimoku cloud (now at 1.0095) would defer and risk correction to 1.0070-75 before prospect of another rally.

New Post has been published on http://u.to/iTl8Dw

Trade Idea Wrap-up: USD/CHF - Buy at 1.0130

USD/CHF – 1.0203

Most recent candlesticks pattern : N/A

Trend                                    : Up

Tenkan-Sen level                  : 1.0184

Kijun-Sen level                    : 1.0182

Ichimoku cloud top                 : 1.0095

Ichimoku cloud bottom              : 1.0095

Original strategy :

Buy at 1.0135, Target: 1.0250, Stop: 1.0100

Position : –

Target :  –

Stop : –

New strategy  :

Buy at 1.0130, Target: 1.0250, Stop: 1.0095

Position : –

Target :  –

Stop : –

As the greenback has surged again after brief pullback and broke above indicated resistance at 1.0205, adding credence to our view that recent upmove has resumed and bullishness remains for further gain to 1.0230-35 (50% projection of 1.0021-1.0179 measuring from 1.0153), then 1.0250-55 (61.8% projection) but loss of near term momentum should prevent sharp move beyond 1.0300-10, bring retreat later.

In view of this, we are looking to buy dollar on pullback as 1.0130-40 should limit downside. Below the Ichimoku cloud (now at 1.0095) would defer and risk correction to 1.0070-75 before prospect of another rally.