Trading Room

Forex Trading Room on May 10 – 14, 2021 – Interesting level on the daily chart for buy position

May 10, 2021 | 2:18 pm | The 5%ers' Blog > Trading Room
May 10, 2021 | 2:18 pm
The 5%ers' Blog > Trading Room
Interesting level on the daily chart for buy position on USD/CHF

Forex Trading Room on May 10 – 14, 2021 – Interesting level on the daily chart for buy position on USD/CHF

The trading rooms are the opportunity to trade together with our traders!
The rooms are available live three times a week for our traders, both PM and during the level 1 process.

In the trading rooms, we will all interact, scan and analyze the markets, trade, ask questions to each other, share market visions and trading opportunities.

In today’s trading room, we analyzed the charts for the upcoming week. We start with the higher time frames and then check the lower time frames to look for intraday opportunities.

Today we analyzed a few pairs such as GBP/USD, EUR/USD, USD/CAD, USD/CHF, and more.

We found only 1 interesting level on the daily chart, which seems like a great level for buy position on USD/CHF. On the daily and the weekly chart, we can see the price just arrived at the demand level, which is also part of the Quasimodo pattern.

 

 

 

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