ANOTHER UPDATE ON USD/CHF TRADE
USD/CHF 1H - This is just a quick update on the trade that was sent out last Friday to you all here on this pair, as you can see price is starting to pick up and its continuing to trade us higher.
Those of you who are still in on this pair well done, ensure you are taking partials, applying safety measures and looking for re-entries. If you closed Friday like I did, you should be looking for areas to re-enter.
This trade is currently running + 102 pips. (+7%) 7RR
There are plenty of areas you could be looking to get re-introduced into this market, I would be looking for any areas in or around the last impulsive wave that traded price higher.
Price will need to pullback to pick up more demand in order to encourage price to trade higher, so waiting for price to trade down and into a valid area of interest is so important. Any questions drop me a message or comment below!
Those of you who are still in on this pair well done, ensure you are taking partials, applying safety measures and looking for re-entries. If you closed Friday like I did, you should be looking for areas to re-enter.
This trade is currently running + 102 pips. (+7%) 7RR
There are plenty of areas you could be looking to get re-introduced into this market, I would be looking for any areas in or around the last impulsive wave that traded price higher.
Price will need to pullback to pick up more demand in order to encourage price to trade higher, so waiting for price to trade down and into a valid area of interest is so important. Any questions drop me a message or comment below!
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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.
Related publications
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.