DislikedHere is the daily chart of Usd/Chf & i have placed My S/R Lines on it which are looking good. So Here is my this live trade with my live Pending order.
I,ll Go Long OnThe Break Of 1.0985
Target +20 to +50 Pip's
But here im expecting some good Pips if Resistance line Break's coz it's a daily Chart & candles formation with price action will make W-Shape if Resistance Line Breaks
I have posted My this Usd/Chf live trade with live Pending Order in last week & Said I,ll Go Long Onthe Break Of Resistance Line 1.0985. But This Pair first moved down & break it's Support Area & move down Almost for +100 Pip's but after that retraces back & showed a very strong bullish move infact it was a strong fundamental move which pushes this pair back to resistance area & it breaks the resistance line. The candle which breaks the resistance line already showed very strong bullish & also at end breaks the Resistance Line & after the break Moved Up for +36 Pip's. Usually i dont risk to target more inthis kind of situation Anyways it was a daily chart on which my setup was based & also it was the closing session so i just target +20 Pip's which successfully achieved. If My setup was on 4-Hour chart than maybe i target more Pip's. It was another Good Live Trade, Have a look on Chart.