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BarryAllen_Thee

USD/CHF LONG [DAY TRADING - SMPLE TREND CONTINUATION PATTERN]

Long
U.S. Dollar / Swiss Franc (FX:USDCHF)  
BarryAllen_Thee Updated   
FX:USDCHF   U.S. Dollar / Swiss Franc
Trend Analysis Harmonic Patterns Chart Patterns USDCHF usdchflong usdchfbuy buyusdchf tradeatyourownrisk tayor uchflong longuchf buyuchf
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trendanalysis harmonicpatterns chartpattern usdchf usdchflong usdchfbuy buyusdchf tradeatyourownrisk tayor uchflong longuchf buyuchf
snapshot
USDCHF

Day trading analysis.

Price is making higher highs. Currently price is retracing (HL leg formation). We can see there is a Gred B bullish engulfing which might be the potential HL leg point.

I'm looking for long opportunity somewhere around 0.994 - 0.995. For safest entry, always wait for CRS confirmation at 1H / m15 time frame.

SL 30 pips and TP 2 times of SL.

TRADE AT YOUR OWN RISK
Trade closed: stop reached:
If you buy @ 0.9940, it would be a sharp entry. Too bad price retrace back and I managed to set a breakeven. So fortunately I didn't lose any money.

Will look for other opportunity.
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