A better explanation of this trade that i took last Friday.
USDCHF analysis Daily Timefrime, my thoughts are that this pair is going to drop even tho last candlestick took me out because my stop loss. I am entering again.
It is a lost trade if it closes above 78.6% area. If it does not it is a available trade.
Let's see what happens and always use RR.
It's a high probability setup for me.
JUST A LITTLE UPDATE OF THIS PAIR.
:)
USDCHF analysis Daily Timefrime, my thoughts are that this pair is going to drop even tho last candlestick took me out because my stop loss. I am entering again.
It is a lost trade if it closes above 78.6% area. If it does not it is a available trade.
Let's see what happens and always use RR.
It's a high probability setup for me.
JUST A LITTLE UPDATE OF THIS PAIR.
:)
TP1: 0.96940 (212 pips)