USD/CHF Waiting for pull back to get LONG
After price action since October 2013 has shown a series of lower lows and higher RSI readings USD/CHF broke up and reached 0.9035....Now I'm waiting for a pull back back into ~0.8845 to initiate LONG position. Target 1 is 0.9143 Stop 0.8695. Risk Reward Ration 3:1
50%-60.8% retracement is where I'd start loading up.0.8866 - 0.8827. STOP: 0.8690. I have defined 3 initial targets.
Good luck trading
Will.
50%-60.8% retracement is where I'd start loading up.0.8866 - 0.8827. STOP: 0.8690. I have defined 3 initial targets.
Good luck trading
Will.