USDCHF (*PENDING* LONG ORDER)

Alright, after identifying a possible bounce in support from last week Friday on USD, i have identified a possible entry where i will taking a long USDCHF position.

****This SET-UP is A Pending Order* And I Will Only Enter A Position Once :
Price Breaks Trend line (Buying the break in structure)(Candle Close)
&&
If Price Break Resistance (Candle Close)
Which has been stated on the chart.

Great Risk To Reward
P.s Im not A God and I Will loose some trades,
However the aim is too lose some and WIN MORE with managing risk.
and take the opportunities which are presented towards you

Good Luck

Below Is A Previous USDCHF Trade which i posted which will enable you to see the understanding of price regarding UCHF

Trade active

Comment:

Price Has Broken Out As Expected, Now I'm Expecting A Re-Test, Reject Scenario Or This Set-up Could Be Over Before It Even Started

Trade closed: stop reached:

Stopped Out (False BreakOut)

Comment:

May of had a very tight stop loss (6.6risk reward) If that the case will re-enter if i see fit

Comment:

 

Comment:

Alright, After getting stopped out on first attempt due to a ridiculously tight stop loss on my behalf for a trade like this with so much potential, i have re-enterted and currently siting at +30pips gyazo.com/aeed8a5b1d...c5d3d403e7d995962cc3

I have decided to make the re-entry chart prv8, but links to it will be found in the description

Trade active:

USDCHF Currently sitting at Plus 60PIPS with stops BE ^^ Above is my re-entry post

Comment:

Comment:

Stop Loss - Breakeven

Comment:

Trade Close @ Breakeven