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eagle21
Jul 13, 2023 9:31 AM

BUY USDCHF Long

U.S. Dollar/Swiss FrancFXCM

Description

After an extremely poor performance of the USD on this pair, we saw an even deeper fall after yesterday's US inflation report,.. However, price has reached the potential reverse zone of a bullish Harmonic Crab pattern,.. we have longed the market in this regard,. remember to manage you risk.

Trade active

Double Bottom completed,.. now lets see price action do a decent northward move.

Trade closed: target reached

Comments
johnymonteiro
now is the time
ciagonz
TheFxAce
Your long trade plan seems well-crafted. How do you usually consider the market sentiment in your decision making?
eagle21
@TheFxAce, Thanks the compliment and asking, well much as market sentiment is vital, my priorities in decision making are based on technical analysis and fundamentals, the market sentiment comes in as additional confluence but not a priority per se.
Fullmoon81
Nice, thanks a lot.
eagle21
@Fullmoon81, you are welcome
Crypto_Myth_Buster
SL hit, Idea invalid?
eagle21
@Crypto_Myth_Buster, not yet hit,. lets watch price action
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