Go Back   Forex Forum | Forex trading, brokers reviews, MT4 robots EA, news, education, signals | ForexMoments.com

.

Forex Forum | Forex trading, brokers reviews, MT4 robots EA, news, education, signals | ForexMoments.com


» Preferred Broker
» Broker Ratings
FXPRO
www.fxpro.com
ADMIRAL MARKETS
www.fxservice.com
INTERBANKFX
www.interbankfx.com
IFX Markets
www.cbfx.com / www.ifxmarkets.com
MBCFX
www.mbcfx.com
View Single Post
  #17 (permalink)  
Old 16-08-2010, 12:59
lianwk lianwk is offline
Member
 
Join Date: May 2009
Location: Singapore
Posts: 39
Default USDCHF: Trade Opportunity

My long term outlook for this pair is bearish. The short to mid term trend for this pair is bullish. The pair is currently testing the short to mid term uptrend resistance line (in blue).

The short to mid term resistance line also tally with the 1.0370 resistance line. I would look to possible long trade if the price is not able to break the 1.0370 resistance line.

USDCHF Daily Chart - 16 Aug 2010

Long trade will be entered with the confirmation of candlestick reversal pattern.
Reply With Quote
 
» Site Navigation
» ================
» OUR PARTNER SITES
» Broker Preferred
» Log in
User Name:

Password:

Not a member yet?
Register Now!
» Free Forex Guide
Powered by vBadvanced CMPS v3.2.1


All times are GMT. The time now is 11:58.


Powered by vBulletin® Version 3.8.2
Copyright ©2000 - 2012, Jelsoft Enterprises Ltd.