Long

USDCHF

Updated

USDCHF is Creating a long opportunity by developing the 5-0 harmonic pattern which is a continuation of shark harmonic pattern

Therefore, entering a long position on 0.922000 with take profit levels at 0.93230 & 0.93800 could be a high potential long setup to consider

Enter: 0.92200
TP1: 0.93230
TP2: 0.93800
SL: With your own risk management

Note

I would probably riskfree my trade, and change my stop loss to a higher level since it is already in a 60 pip profit

Trade closed: target reached

TP1 reached

A nice 100 pip run from our entry point to the first target

I prefer to take out most of my profit on tp1 however for the remaining volume i would change my SL to a higher level and remain on the trade to reach TP2

Good Luck

Trade closed: target reached

TP2 Reached

Clean 160 pip shot on USDCHF this week
took all of my profit out of this trade & satisfied with my result this week
I will no longer chase the potential trade out there for the remaining time left out of this week

Have a great weekend

Roham_Trader

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