This signal effectif for 9-10June2014
Should price action for the USDCHF remain inside the 0.8910 to 0.8950 zone the following trade set-up is recommended:
Timeframe: D1
Recommendation: Short Position
Entry Level: Short Position @ 0.8930
Take Profit Zone: 0.8710 – 0.8750
Stop Loss Level: 0.9040
Should price action for the USDCHF breakdown below 0.8910 the following trade set-up is recommended:
Timeframe: D1
Recommendation: Short Position
Entry Level: Short Position @ Retracements in the trend; sell orders during rallies
Take Profit Zone: 0.8710 – 0.8750
Stop Loss Level: 0.9040
Should price action for the USDCHF breakout above 0.8950 the following trade set-up is recommended:
Timeframe D1
Recommendation: Long Position
Entry Level: Long Position @ 0.8960
Take Profit Zone: 0.9040 – 0.9060
Stop Loss Level: 0.8910
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