UPDATE ON USD/CHF TRADE
USD/CHF 1D - Back with an update here on the USD/CHF pair, as you can see price is continuing to put in the bullish structure we predicted back on the 6th, I think we will achieve our TP target by the end of next week.
Although price has not given us a relevant pullback here on the Daily timeframes, we could have still looked to have got involved with this market in long positions should we have looked for smaller areas of Demand.
This trade is running + 254 pips. (+ 8%) 8RR
Now if price does go on to trade us back down to put in a higher timeframe correction we should then begin looking for higher timeframe areas to get involved in long positions from.
A big well done to those who got involved initially and anyone who managed to get involved recently in this last push higher, ensure you are taking partials and applying safety measures.
Although price has not given us a relevant pullback here on the Daily timeframes, we could have still looked to have got involved with this market in long positions should we have looked for smaller areas of Demand.
This trade is running + 254 pips. (+ 8%) 8RR
Now if price does go on to trade us back down to put in a higher timeframe correction we should then begin looking for higher timeframe areas to get involved in long positions from.
A big well done to those who got involved initially and anyone who managed to get involved recently in this last push higher, ensure you are taking partials and applying safety measures.
Feragatname
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