UPDATE ON USD/CHF TRADE

99
USD/CHF 15M - As you can see price has recently traded down to set a higher low in this market round our entry point which is great as this low will soon be seen as protected, this is once the high it creates breaks the previous high.

I am confident with this trade to leave it running overnight, as I say once we break the last high set we should see that low set be protected and if price is to follow the laws of bullishness we shouldn't see price break the low set there, meaning our entry is safe.

This trade is currently running + 34 pips. (+ 2%) 2RR

A big well done to everyone who jumped in on this trade, please make sure you are taking partials and applying safety measures with the positions you are placing.

If you have any questions with regards to the analysis we have performed today or the trade itself then please drop me a message or comment below and I will get back to you asap!

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.