USD/CHF Channel long following a medium term trend

This is a trade I have just taken on the USD/CHF. I am long off the bottom of a medium term channel I have identified going back until the end of October. This follows the longer term trend of the rising Dollar Swiss. To see more of my trading ideas please visit my site at www.daytrading-tips.com

Trade closed: target reached:

Taken 50% of the trade at the midpoint of the channel and moved stop on remaining to B/E to be taken at channel top