possible long setup
USDCHF has completed 0.618 fib retracement since last jump, and reaching to a support around 0.9126
This is my last trade for today, and I'm going long. as stated in chart I'm in already, so if you want to enter you can enter around 0.913 which is not a bad position, but anything above that I'll consider risky
SL: below the mini trend line which I set as 0.91147. Considerably tight
TP: fib based, can go much higher, but need to manage my risk since yesterday's loss - will however start trailing when it goes above 0.915
GL.
This is my last trade for today, and I'm going long. as stated in chart I'm in already, so if you want to enter you can enter around 0.913 which is not a bad position, but anything above that I'll consider risky
SL: below the mini trend line which I set as 0.91147. Considerably tight
TP: fib based, can go much higher, but need to manage my risk since yesterday's loss - will however start trailing when it goes above 0.915
GL.
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.