USDCHF Long Breakout Trade 1. Weekly Uptrend 2. Strong USD environment 3. Price above 3 MA's 20,50,200 4. Healthy bullish trend candles 5. BUY/SELL Indicator Confirmation 6. Trend Following Indicator Confirmation 7. Positive swaps for USDCHF 8. Wide stop loss and take profit to prevent being stopped out too soon 9. 2% Risk 10. 7 bars time-based stop loss if no price reaction 11. ATR based Trailing stop 12. Possible partials
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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.