Flazedude
Long

USDCHF Long Opportunity

FX:USDCHF   U.S. Dollar/Swiss Franc
30 1 3
3 months ago
On the daily chart of USDCHF             , we have a ranging motion across the channel, as we look closer, we see that there is a 4H AB=CD pattern as well as the price is hitting the bottom channel of the ranging zone, when the price hits the bottom of the channel it is also the point of D. I will be buying this when it hits 0.95245, or any price within that zone.

This I gave a very loose stop loss of 0.94439. Anything smaller I feel there maybe a chance of whipsawing your position out of the trade.

Tp1: 0.96577
Tp2: 0.97656
Tp3: 0.98435
3 months ago
Comment: Looks like this plan worked out beautifully.

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Flazedude
3 months ago
Looks like this plan worked out beautifully.
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