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Counter Trend Trade on USDCHF
U.S. Dollar / Swiss Franc
Long
Counter Trend Trade on USDCHF
By BarcaGuy
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Updated
Jul 27, 2023
7
Cheer
Cheer
Jul 17, 2023
We will try to catch a counter trend trade on USDCHF with 1:5 Rewards
Buy zone between 0.8582 - 0.8064 with stop loss at 0.8552
Target will be around 0.8735. Target might updated while trade is running.
Jul 18, 2023
Trade active
I activate trade at 0.8581 .....
Jul 20, 2023
Trade active
Finally the trade moves in our direction... ooops
patience, patience and patience.
Now we are at 1:3 rewards we will move the stop loss to 1:1 at 0.8611
and wait the final target.
Jul 27, 2023
Trade closed: stop reached
updated stop loss was reached with profit 1:1 of 30 pips
Beyond Technical Analysis
Multiple Time Frame Analysis
BarcaGuy
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