I see a promising opportunity in the USD/CHF currency pair and recommend a buy position (Long-Trade).
Target: The price is moving towards a higher level. I have marked my target at the top of the analysis with a green line.
Stop-Loss: To minimize risk, I set the Stop-Loss at 0.84000. If the market unexpectedly breaks downward, my position will automatically close to limit losses.
Strategy: This is a "Buy and Hold" strategy. I expect the market to rise in the next 2-3 weeks. I will hold the position until the defined target is reached.
Trade active
Update: USD/CHF has reached 0.84061. My Stop-Loss is set at 0.84000 and has not been breached. The position remains open. I have opened a second position with a higher lot size (Long).
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