Hi Everyone, I'm looking to buy (long) USDCHF since it has broken the bearish structure and it is currently trading above the order block created.
I'm not rushing to buy it as we have got some news release later today, but I think this could be an awesome Risk:Reward trade.
SL should be below structure, around 0.9200
and TP could be above 0.9500
Let me know your thoughts!
I'm not rushing to buy it as we have got some news release later today, but I think this could be an awesome Risk:Reward trade.
SL should be below structure, around 0.9200
and TP could be above 0.9500
Let me know your thoughts!
Trade active:
Price has perfectly followed the analysis. Let's keep monitoring and leave our Stops at 0.9200 and TP targeting 0.9500 at least.
Trade closed: target reached:
Closing my trade around 0.9400 as the NFP news are just around the corner. I might enter a smaller position later depending on the outcome!
L.G