Ivolux's Blog

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USDCHF shorts

Yesterdays EURUSD worked beautifully and now I`m focusing on USDCHF pair. We had nice bounce of major RN 1.000 and now we have strong bearish Engulfing candle.
Trade idea: SELL USDCHF @ market SL 0.9950 TP 0.9800
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USDCHF reversal

Today I`m looking at USDCHF pair on Daily chart. Many pairs have reversed yesterday, but I like this strong Engulfing candle on USDCHF after price has hit Upper Bollinger band and resistance @ 1.0200
Trade idea: Short USDCHF @ 1.0140 SL 1.0205 TP1 1.0075 TP2 1.0025
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USDCHF Long

Today I`m looking at USDCHF chart. I like how price came down an tested major round nr 1.0000 perfectly. And now price is starting to raise with trend. 4h chart showing nice Engulfing bar bouncing of the major 1.0000 Round nr.
Trade idea: LONG USDCHF @ 1.0015 SL 0.9985 TP1 1.0075 TP2 1.0175
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