USDCHF - BULLISH TRADE SETUP ANALYSIS

BULLISH TRADE SETUP ANALYSIS

Monthly TF = Bullish
Daily TF = Bulish
Type of Trade = Momentum Breakout
Time to profit target = 1 to 2 days
Reward to Risk Ratio = 3:1
Risk = 1% of account balance

Commento:

Changing Buy Stop Order to Market Order to Buy at the Close above 0.9727

Commento:

Stopped Out at 5:24AM CST on 5/12/2020

Commento:

I will be looking for a new long trade setup to re-enter!

Commento:

Note: Getting Stopped Out is a good thing and not a bad thing, it happens to all traders, by protecting our trading accounts from large losses.