VividFX

Bullish Swing Trade

Long
VividFX Updated   
FX:USDCHF   U.S. Dollar / Swiss Franc
`Price finds support after strong volume push

`Key level rejected on the daily

`Weekly zone rejected
Trade active
Trade active:
Scaling back in.
Got spiked by news
Comment:
Stop below 0.8563
Same Target 0.8675
Comment:
Correction target 0.8700
Comment:
Continuing to hold here.
Not overleveraging.
Must have patience.
Trade active:
Continue to scale in here maintaining 1-2% risk
Stop loss below .8300
Comment:
If you are just seeing this idea, wait for a pullback to 0.84700.
Then scale in with your overall risk in mind.
Stop is below 0.8300
Comment:
If you're in profit more than 2%
Cover your risk to make the trade risk free.
We will ride this until. 0.8700
Comment:
We are up 160 pips from the low
CHF HIGH IMPACT NEWS:
Manufacturing PMI 50+ pip increase
Comment:
Holding our buy positions, stops below 0.8400
Comment:
Scale in for more buys here at 0.84500
stops below 0.8400
using proper risk management
Comment:
Pocketed 25% of the position.
Scaling in with stops below 0.84500
If you have been following, you should be virtually risk free.
If you're new, this is a good spot to scale in.
Comment:
your buy orders should be looking good 👍 taking 25% off and letting it ride 🔥🔥🔥
up over 150 pips
Comment:
be cautious as price consolidates here between 0.8550 and 0.8450.
Bullish positions still open. risk is mitigated.
Comment:
for those that have been following this trade idea, this is a great spot to take 25% off and wait for additional opportunities. #Bullish #RiskManagement
Trade closed: target reached:
Up over 250 pips, closing our Bullish trade 50 points shy of our Target. Good job to those who stuck it out and traded it multiple times along the way 👌🔥🔥
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