USDCHF rising wedge a selling opportunity?
Rising Wedge into 0.50 - 0.618 Fibo level.....You could play the odds from here with your stop above the recent high or a little safer above the 0.618 Fibo level for a retest of the recent lows for your Target and it could even go further. Could be a 1:3 risk:reward trade.
You must look for 1:3 risk/reward and higher trades, preferably 1:5 or higher to last in this game.
-Tradeplicity
You must look for 1:3 risk/reward and higher trades, preferably 1:5 or higher to last in this game.
-Tradeplicity
