The808Trader

Swiss Cheese and Profit - Ichimoku USD/CHF Long Trade Idea

Long
FX:USDCHF   U.S. Dollar / Swiss Franc
This pair has been in a longer term bullish run now and has held strong tenken sen support. I am looking to get another long entry here off a tenken sen bounce trade. I'm setting my stop around kijun since we are yet to fall to it for support. I am tarting our previous high of .9921, but I will close partial there and let the rest run, while adjusting the stop loss as it rises. If we fail to hold support or our bullish signs change to bearish, this trade may become invalidated.

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