jtanum

USDCHF Fallen star candlewick at 4H TF

Short
jtanum Updated   
FX:USDCHF   U.S. Dollar / Swiss Franc
Hi guys,

I've been following this trade carefully for awhile since it has gone thru the previous high.

After the NFP news, the chart has started a reversal and if you look at the 4H TF, you can see there is a fallen star candle wick. Hence, i believe that USDCHF will have minor dip to just above the 0.618 level.

That said, I think this trade is still on an upward trend, so i will be watching closely once it has hit the 0.618 level for the next trend.

T/P at 0.9420
S/L at 0.9555
R:R 1.3

Please don't trade more than 2% of your capital

Hope you gain some profit out of this idea

Cheers!
Trade closed manually:
Hey guys,

Target almost reached but im closing this with enuf profit.

Cheers!
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