A breakout was seen in USDCHF last week and a retracement has been made. An entry opportunity can be seen as a downwards momentum is developing with 55 pips stop loss around a previously identified key level and a take profit of 125 pips take profit just around the previous swing low. This trade can be used as a hedge on the previously posted EURUSD trade.
Have a lovely day!
Riverfront Capital
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Hello Traders,
For the people asking if this trade is still on, just letting you know that this is a pending stop order and that's why the entry is below the current price as of this when this idea was posted. So, the order hasn't gone through yet. Just being clear.