Gweedy
Short

USDCHF Buttefly completion

FX:USDCHF   U.S. Dollar/Swiss Franc
175 2 6
11 months ago
As always when taking a trade, look for at least three types of confirmation.
This is where the butterfly completes, together with the trendline resistance and the 61 fib from previous leg down.

This trade offers a great risk/reward ratio right under the inverted hammer.
Never risk more than 2% of your capital.

Good luck.
11 months ago
Comment: Trade Active.
11 months ago
Comment: Just realized that the stop loss isnt put above the pinbar on the chart. As it of course should be.
11 months ago
Comment: First target hit. Profit taken and SL moved to breakeven.

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Gweedy about USDCHF 11 months ago
Paul-FXTC PRO
11 months ago
Nice my friend !!!
Reply
finserv_techguru
10 months ago
Good One!!!
Reply
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