Usdchf
Wooha!.. it started moving earlier than i though..
I have put RSI for below 30 ( important enough-- at least below 40 lvl and STO / WPR down ).. but more importantly i am looking for S/R levels here for this trend to stay intact .. should hold above 1.0586/80 lvl.. How do you enter depends on the system ... this is typical fibo trading.. with the help of Elliotwave analysis. I mean we do have a 5 wave up but this could be a (small c ) wave as well..
I trade GBPUSD these days but saw this upcoming move and this could be a opportunity as well.. lets see how it develops
Current support
1.0662-50 lvl
and plan is to go long from support levels.. for which some light needs to be present ( more on this later )
.. using 2% only.
I have put RSI for below 30 ( important enough-- at least below 40 lvl and STO / WPR down ).. but more importantly i am looking for S/R levels here for this trend to stay intact .. should hold above 1.0586/80 lvl.. How do you enter depends on the system ... this is typical fibo trading.. with the help of Elliotwave analysis. I mean we do have a 5 wave up but this could be a (small c ) wave as well..
I trade GBPUSD these days but saw this upcoming move and this could be a opportunity as well.. lets see how it develops
Current support
1.0662-50 lvl
and plan is to go long from support levels.. for which some light needs to be present ( more on this later )
.. using 2% only.
Total Comments 0
Comments
Recent Blog Entries by Guyver
- EURUSD and USDCHF (12-30-2008)
- Went long usdchf 1.0528 with stop 1.0470 (12-29-2008)
- USDJPY upcoming breakout (12-29-2008)
- On to USDCHF (12-29-2008)
- Eurusd ... Oo :) (12-29-2008)
