CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.02% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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01.02.202214:27 Forex Analysis & Reviews: EUR/CHF - take profit!

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Exchange Rates 01.02.2022 analysis

Hello, dear traders! Let's view the trading idea on the EUR/CHF pair.

According to the trading recommendation for January 24 on the breakout of the year's low and return to the broken level from the bottom, the instrument has completely worked out the false breakout scenario

Plan:

Exchange Rates 01.02.2022 analysis

Development:

Exchange Rates 01.02.2022 analysis

The instrument failed to gain a deep grid, therefore it is recommended to take profits according to the trading rule of 1000 pips.

Congratulations to those who used this trading idea!

The profit totaled 1000 pips.

The trading idea is presented within the grid trading method on certain cross rates.

Good luck and control your risks!

Andrey Shevchenko
Analytical expert of InstaForex
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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.02% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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