Thursday, May 09, 2024

USDCHF bounce back from the higher low of uptrend and closed at entry price level.
1 mins well spent

USDCHF is bouncing back from the higher low level of an Ascending channel in the Daily Timeframe chart.

The market has gone up few pips but didn’t reach the take profit Target.

The market starts to move up and down between the entry price range for more than 2 days, finally, the trade has been closed at break-even due to lack of movement in the market.

As per our signal rules, If the market doesn’t reach target 1 within 2 days, we recommend our users to protect the trade by moving your stop loss or Take Profit to entry price for safe trading.

Due to this 2 days expiry rule, USDCHF has moved up and down between the entry price range for more than 2 days and it has closed at the entry price level.

At all the market conditions, We always want you to trade safe using our signal rules. please read it completely here: https://signal.forexgdp.com/follow/

 

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