FOREX DAILY TRADING SIGNALS

FOREX DAILY TRADING SIGNALS
FOREX DAILY TRADING SIGNALS

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Tuesday, March 24, 2009

SELL SIGNAL FOR USDCHF, 24TH MARCH 2009


USDCHF is in a consolidation on the 4hour chart. We seriously hope that this pair should go down any time from now. If the price of USDCHF goes down and breaks the support of our trading chartpattern formation that had formed a descending triangle formation, we hope to go short for this pair from 1.1150.We believe to sell this pair once it breaks the support of our trading chartpattern that is currently in a consolidation state because both the RSI of the daily chart and the 4hour chart are below 50

SUMMARY; SELL USDCHF from 1.1150 or put stop sell order 1.1150
Takeprofit is +70 pips and stoploss is -55pips

HAPPY TRADING

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