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davidleekuanyong
Jul 26, 2017 8:35 AM

USDCHF --starting an uptrend? Long

U.S. Dollar/Swiss FrancFXCM

Description

USDCHF daily chart shows signs of uptrend. I queued a long at 0.9545 with a stop loss at 0.95259. If prices breaks that support, it will invalid my uptrend analysis.

Uptrend targets are 0.96 and 0.96787. Will trail my stops if prices can break 0.96.

This is not a buy/sell call. Do confirm with your trading plan. Happy trading everyone :)

Trade active

market hit my long at 0.9545. Position opened.

Trade closed: stop reached

FOMC related volatility triggered my cut loss 0.95259.
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