USDCHF - LONG @ 1.00600
Updated
DESCRIPTION: Market has rejected the uptrend trendline + 61.8% retracement with good momentum. If it doesn't break the parallel channel I will exit my position. Id it breaks the channel, I will add positions.
ENTRY: Trendline bounce. Adding positions if parallel gets broken.
TARGET 1: Previous High made.
TARGET 2: Next structure resistance + 127.2% Extension.
STOPS: Below previous Low and 78.6%.
ENTRY: Trendline bounce. Adding positions if parallel gets broken.
TARGET 1: Previous High made.
TARGET 2: Next structure resistance + 127.2% Extension.
STOPS: Below previous Low and 78.6%.
Note
STOPS placed @ BREAKEVENNote
STOPLOSS @ BREAKEVEN HIT
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