Get started
AnonymousTraderFRX

Waiting for a "LONG" position

Long
U.S. Dollar / Swiss Franc (FX:USDCHF)  
AnonymousTraderFRX  
FX:USDCHF   U.S. Dollar / Swiss Franc
Trend Analysis
1
0
trendanalysis
USDCHF, H4

In this chart, we should wait for the reaction of the price on the lower level and if we saw a reversal pattern, we should start a LONG position.
Since the ratio between the TP an SL of the first SUPPORT level is not reasonable, it's better that we wait for the price to reach the lower level.

Disclaimer

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.