usdchf

I can see two scenarios here – the basic (1) and alternative (2).
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I think that the asset will go for breaking the bottom line after reflecting from the upper bound.
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I’m having a little loss right now, but I think I’ll close the deal with profit.
usdchf.jpg
 
Short-term this is still worth a long trade - but the optimum entry date has gone - it was 05/07, when the chart made an outside key reversal which closed above the 50EMA.
 
Well, the asset moves as I’ve predicted. I think that I can earn even more on usdchf! Definitely, the show must go on =)
usdchf.jpg
 
I’m having a little loss right now, but I think I’ll close the deal with profit.

usdchf.jpg
 
I'm staying clear of this for a while, probably other trend-followers are too. Its been flirting with the 200EMA for 18 months, its only managed +0.37% since 6mths ago, it crosses and re-crosses the 50 virtually every 2 weeks. There are easier places to make money.
 
I expect the price to fall up to 0.9673 level approximately. Around this level, I will set the take profit order.
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I think that the price will reach 0.9700 level. After that, the price will go to the level of 0.9673 or further.
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