USDCHF buy trade idea 18 10 2021

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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: -

USDCHF buy trade idea 18 10 2021

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