USDCHF - BULLISH TRADE SETUP ANALYSIS
BULLISH TRADE SETUP ANALYSIS
Monthly TF = Bullish
Daily TF = Bulish
Type of Trade = Momentum Breakout
Time to profit target = 1 to 2 days
Reward to Risk Ratio = 3:1
Risk = 1% of account balance
Monthly TF = Bullish
Daily TF = Bulish
Type of Trade = Momentum Breakout
Time to profit target = 1 to 2 days
Reward to Risk Ratio = 3:1
Risk = 1% of account balance
Note
Changing Buy Stop Order to Market Order to Buy at the Close above 0.9727Note
Stopped Out at 5:24AM CST on 5/12/2020Note
I will be looking for a new long trade setup to re-enter!Note
Note: Getting Stopped Out is a good thing and not a bad thing, it happens to all traders, by protecting our trading accounts from large losses.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.