LorbeerInv

Looking for High Reward low Risk Trend Trade?

Short
OANDA:USDCHF   U.S. Dollar / Swiss Franc
Classic buying retracement strategy. Price runs into a 61,8% Fib resistance right at minor swing resistance levels.
The previous swing low "break down" (pink support lines) indicates an intact downtrend.
As of statistics I assume a 25% chance of profit and a 35% chance of loss. With a 2,5:1 Reward to Risk Ratio its a good deal.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.