USDCHF: Quarterly uptrend
Updated
We have a potential quarterly uptrend in USDCHF, and since we're pretty close to the invalidation, I figured it was a nice trade to take.
The weekly has a potential downtrend failure, and it seems like daily bears have ran out of steam.
If this setup pans out, we can add to this core position and have a great longterm trade.
Good luck if taking it,
Cheers.
Ivan Labrie.
The weekly has a potential downtrend failure, and it seems like daily bears have ran out of steam.
If this setup pans out, we can add to this core position and have a great longterm trade.
Good luck if taking it,
Cheers.
Ivan Labrie.
Trade active
Note
Fantastic progress so far, if we close March above and continue to trend up, we'll surely hit the target.Note
We might get a chance to add to the trade this week, on retrace.Note
Didn't retrace, sadly.Note
0,78% profits so far...hold it.Note
This is active and valid.
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