UPDATE ON USD/CHF LONGS
USD/CHF 1D - In other news an update on this pair from previous analysis you can see that price did pullback as predicted, not as deeply as we wanted but pulled back nicely before a move to the upside.
We have seen that price has now broken structure to the upside here on the daily timeframes suggesting longer term bullishness, for those who missed out on the initial buy impulse, price may pullback to give you a second chance.
This trade is running + 153 pips. (+ 5%) 5RR
I will be keeping my eye on this pair over the course of the next few days for that opportunity as it may come to clear some of the inefficient structure below before a continuation to the upside.
A big well done to anyone who did jump onboard of some long positions on this pair, you should be profiting nicely from this this week. Any questions on this pair leave a comment below!
We have seen that price has now broken structure to the upside here on the daily timeframes suggesting longer term bullishness, for those who missed out on the initial buy impulse, price may pullback to give you a second chance.
This trade is running + 153 pips. (+ 5%) 5RR
I will be keeping my eye on this pair over the course of the next few days for that opportunity as it may come to clear some of the inefficient structure below before a continuation to the upside.
A big well done to anyone who did jump onboard of some long positions on this pair, you should be profiting nicely from this this week. Any questions on this pair leave a comment below!
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