U.S. Dollar / Swiss Franc
Long
Updated

USD/CHF LONG TRADE IDEA 4HR

60
USD/CHF IS PROVIDING A GREAT IDEA WITH 1:6.6 R/R IF STOP PLACED IN LAST SWING LOW OR 1:2.5. PRICE BROKE THROUGH THE BASE WITH A STRONG MOVE TO THE UPSIDE. EVEN THOUGH I DONT USE MA MUCH, IT DID CLOSE ABOVE THE 200 MA WHICH MEANS THAT IT WONT HAVE ANY RESISTANCE FROM MA'S. THIS TRADE MUST LIKELY TAKE MORE THAN 4 WEEKS TO UNFOLD. HAPPY TRADING!!
Note
trade still active
Note
trade closed at break even

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