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USDCHF LOSS

20th July 2017 contacttf

The Ichimoku Cloud, also known as Ichimoku Kinko Hyo, is a versatile indicator that defines support and resistance, identifies trend direction, gauges momentum and provides trading signals. Ichimoku Kinko Hyo translates into “one look equilibrium chart”.

USDCHF has a similar setup as EURCHF.

The trade did not work for me. I got stopped out soon after.

I hope to get back in higher if opportunity allows.

Developed J. Welles Wilder, the Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. Traditionally, and according to Wilder, RSI is considered overbought when above 70 and oversold when below 30.

USDCHF LOSS

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USDCHF LOSS

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