USDCHF - BULLISH TRADE SETUP ANALYSIS

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Dolar A.S. / Franc Swiss (FOREXCOM:USDCHF)

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FOREXCOM:USDCHF Dolar A.S. / Franc Swiss

Support and Resistance Candlestick Analysis

BULLISH TRADE SETUP ANALYSIS

Monthly TF = Bullish
Daily TF = Bulish
Type of Trade = Momentum Breakout
Time to profit target = 1 to 2 days
Reward to Risk Ratio = 3:1
Risk = 1% of account balance

Komen:

Changing Buy Stop Order to Market Order to Buy at the Close above 0.9727

Komen:

Stopped Out at 5:24AM CST on 5/12/2020

Komen:

I will be looking for a new long trade setup to re-enter!

Komen:

Note: Getting Stopped Out is a good thing and not a bad thing, it happens to all traders, by protecting our trading accounts from large losses.

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