CAD/CHF longs

9 ביוני 2021

I've been monitoring this pair closely throughout the day. The Swiss Franc has had a tremendously bullish day today, remaining stronger than most currencies. The likes of NZD/CHF, EUR/CHF and most base pairs vs CHF look like they have bottomed out. After the previous H1 candle closure, we began to see the presence of bulls. I waited patiently for signs of bull presence before entering by watching the lower timeframes and gaining confirmation there. Before checking out the lower TF's I took a brief peek at the higher TF's and zoomed out (Daily, Weekly, Monthly) which all show that we are in a clear uptrend. I am optimistic about this setup and intend on holding to my furthest TP (0.74600). R:R is on point for this trade, risking only 15 pips for potentially around 60. 1:3.5 RR.

10 ביוני 2021

הערה

TP1 was hit, remaining positions were stopped out at breakeven.

10 ביוני 2021

עסקה סגורה: היעד הושג