USDCHF H4 Potential Long Long

U.S. Dollar/Swiss FrancFXCM

Description

⋅ May 26, 2020 9:09 PM

6/10 trade.

Roughly 40% risk on SL hit.

Go small.
Manage closely.

We've entered knowing the factors above.

buy USDCHF -> sl: 0.96134 tp: 0.97596 (small lot)
-42pip SL (1.00 lot = -$438)
+103pip TP (1.00 lot = +$1,076)
**HOWEVER** **we** may have to drop SL lower, so act accordingly.

Comments

Asanato

⋅ May 26, 2020 9:24 PM

Nice analysis I agree with you