2 Scenarios, Either Way We Are Going Long | USDCHF Long
Hi Trader,
This is the set up for a long position on USDCHF. There are two areas for excellent entry depending if price retraces or not. Target will be the 0.50 fib level of the daily impulse, which also aligns with the neckline of the M formation. Any trade can fail, but I feel good about this one.
As always do your own trade analysis and use proper risk management. And follow the steps below:
1. Like this idea if you found any value
2. Comment your thoughts on this setup
3. Follow this page if you want to see other A quality set up.
This is the set up for a long position on USDCHF. There are two areas for excellent entry depending if price retraces or not. Target will be the 0.50 fib level of the daily impulse, which also aligns with the neckline of the M formation. Any trade can fail, but I feel good about this one.
As always do your own trade analysis and use proper risk management. And follow the steps below:
1. Like this idea if you found any value
2. Comment your thoughts on this setup
3. Follow this page if you want to see other A quality set up.