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BarcaGuy
Jul 17, 2023 6:55 PM

Counter Trend Trade on USDCHF Long

U.S. Dollar / Swiss FrancFOREX.com

Description

We will try to catch a counter trend trade on USDCHF with 1:5 Rewards

Buy zone between 0.8582 - 0.8064 with stop loss at 0.8552

Target will be around 0.8735. Target might updated while trade is running.

Trade active

I activate trade at 0.8581 .....

Trade active

Finally the trade moves in our direction... ooops

patience, patience and patience.

Now we are at 1:3 rewards we will move the stop loss to 1:1 at 0.8611

and wait the final target.

Trade closed: stop reached

updated stop loss was reached with profit 1:1 of 30 pips
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