Fxprotrader
Long

USDCHF The Slope Is Valid, We Buy Again

FX:USDCHF   U.S. Dollar/Swiss Franc
It was only yesterday i posted a buy setup in USDCHF             and in no time price reached our profit target for a 3.4:1 risk/reward ratio (link in the chart). In the same fashion we should wait for price to retrace a little deeper, probably test a previous uptrend and watch for a buy setup.

Stoploss should be below the previous swing low and as a profit target we should aim for the lower quartile of the pitchfork .

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