Trade Plan
Trade Objective:
To enter a long position in USD/CHF after a correction, aiming for a profit level of 0.90800 with an entry price of 0.88600.
Entry Criteria:
Entry Point: Enter a long position at 0.88600 after observing a correction.
Confirmation: Look for technical indicators or patterns that suggest the correction is complete and the price is poised to move upward.
Risk Management:
Risk per Trade: Risk no more than 1-2% of your total trading account on this trade.
Position Size: Calculate your position size based on your risk tolerance and account size to ensure you don’t over-leverage.
To enter a long position in USD/CHF after a correction, aiming for a profit level of 0.90800 with an entry price of 0.88600.
Entry Criteria:
Entry Point: Enter a long position at 0.88600 after observing a correction.
Confirmation: Look for technical indicators or patterns that suggest the correction is complete and the price is poised to move upward.
Risk Management:
Risk per Trade: Risk no more than 1-2% of your total trading account on this trade.
Position Size: Calculate your position size based on your risk tolerance and account size to ensure you don’t over-leverage.
Trade closed: target reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.