Condizioni di trading
Strumenti
Hello dear traders! Let me share a trading idea for USD/CHF with you.
The weekly chart reveals that the short open interest for USD/CHF that was setting the tone this summer has been eventually breached. The currency pair closed the last week with a retracement of nearly 50% of the long open interest.
So, I suggest the trading idea betting on the rise of the currency pair after a fake breakout of the buyers' spot at 0.91600.
I expect a price swing of over 1,400 pips.
We can benefit from this expected huge leap in the following two ways.
1.Open long positions at the current price with a risk/profit ratio of 1:1 (risk 0.90500, profit 0.93).
2.Open long positions from smaller time frames, using set-ups of your trading system and placing take profit at 0.93. This method will certainly increase a profit margin of your deal.
The trading idea is developed on the grounds of the two methods: Price Action and Chasing stop orders.
Good luck in trading! Make sure you manage your risks!
Le recensioni analitiche di InstaForex ti renderanno pienamente consapevole delle tendenze del mercato! Essendo un cliente InstaForex, ti viene fornito un gran numero di servizi gratuiti per il trading efficiente.