Waiting for Bullish Channel Retracement on USD/CHF

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There is a bullish channel that has developed since May of 2015. I am waiting for a retracement to the lower trendline before going long. I will set my targets at 2 levels: the green trendline which has proven itself as S/R in the past, as well as the orange trendline which is the May of 2016 high projected parallel with the green trendline. However, if I go long I will take 3/4 of my profits at the green level and leave 1/4 for the orange due to prices most likely finding some response at the green and spending a lot of time there rather than making its way all the way up to the orange and then finding some response.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.