Posts Tagged ‘Breakout’

There is a potential trade setup for USDCHF long. Its broken to through my channel, price has retreated a bit, which is good. If it is a real break it should rally upward and get us in the trade before this weekend.

Entry at 1.02000, Stop loss – 1.01240. First target – 1.2350. Second Target – 1.03200.

Update – Stop loss hit, stopped out of the trade.

USDCHF 4 Hours 18th Nov