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jojofang0901
Jan 2, 2017 11:51 PM

CADCHF LONG INTRADAY BREAK OUT TRADE SETUP Long

FX:CADCHF60
Canadian Dollar/Swiss FrancFXCM

Description

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Happy new year everyone!

Here is my view on CADCHF LONG, any feedback and comments are greatly appreciated it.
Thank you

Trade: #1 (2017)
Date: 01/02/2017
Time: 23:00 GMT
Forex Pair/Commodity: CADCHF
Position: BUY (LONG)
Reward/Risk: 3:1

Enter the LONG position @ 0.7615 as the price action formed a bullish flag pattern after breaking
above the short term resistance trend line. Looking to target the daily resistance area of 0.7700, for a 3:1 reward/risk ratio.

Thank you for your support

Comment

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Trade closed: target reached

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Nice ! Price hit my target price @.7700 area, good for 3:1 reward/risk ratio, big winner.

Date: 01/04/2017

Time: 13:00 GMT
Comments
No1_Playa
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Awesome trade. Very technically clean trade.
jojofang0901
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@No1_Playa, Thank you for your feedback.
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