ForexPeoples Daily Technical Analysis for USDCHF

Daily Technical Analysis for USDCHF - by ForexPeoples.Com | Thursday, May 12, 2016

there is a double top in USDCHF - therefore obviously I support the sell. successful initial sell when the price breaks below 0.9697. tp is on 0.9663 and sl above pivot 0.9728. :slight_smile:

Regards.

I’m having a little loss right now, but I think I’ll close the deal with profit.


I can see an excellent entrance to the usdchf market after passing the 0.9700 level. The price will go down.


I suppose that the price will turn after reaching the 0.9725 level


The asset is flat now. I’ll set pending orders nearby the upper bound and bottom line and will see which one is gonna work.


I’ve left the deal. My result is: 360 points of profit.