Long USDCHF after news and confirmation
Updated
Motivation
- We go long based on breaking of a trend line together with coded confirmation of our indicators.
Confirmation
- Daily and weekly uptrend confirmation
Take Profit and Stop Loss
- Fib levels are drawn on the chart and can be used for TP and SL...
- Go for a small TP due to big volatility this week
- E.g: SL: 1.02584 - TP: 1.03198
- We go long based on breaking of a trend line together with coded confirmation of our indicators.
Confirmation
- Daily and weekly uptrend confirmation
Take Profit and Stop Loss
- Fib levels are drawn on the chart and can be used for TP and SL...
- Go for a small TP due to big volatility this week
- E.g: SL: 1.02584 - TP: 1.03198
Trade closed: stop reached
Sadly Enough another news event ruined this trade... Careful SL placement did prevent big losses though.
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