This is a follow-up trade of previous USDCHF analysis. In H4 timeframe price has broken long-term resistance and continued to rise. Background is strong. This is a good time to look for long trades.
- Background is strong
- Strong signals appeared on the chart (Demand, Minor Demand) before dynamic trend changed from red to green
- Entry after dynamic trend turned green
- Exit immediately after weak signal (Supply).
Total: + 61 Pips