USDCHF buy trade idea 18 10 2021
BUY USDCHF 0.9269
SL: 0.9239
TP1: 0.9289
TP2: 0.9309
TP3: 0.9329
Signal Analysis by LCMS Traders
Currency Pair: USDCHF
BUY USDCHF 0.9269
Timeframe: H1
Step 1 - Previous News: USD: Retail sales increased, Prelim UoM Consumer Sentiment decrease, CHF: -
Step 2 - Trend: Across to Up, Trend Following
Step 3 - Support/Resistance: Moving Towards Resistance
Step 4 - Indicators
- Bollinger Bands: touch
- MACD: both up
- Stochastic: H4 heading into over bought
- PSAR: bullish
Step 5 - Upcoming News: USD: -, CHF: -
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