Eur/Chf, daily
Long or Short:
LONG
Entry Point:
at market (1.2080)
Stop Loss:
1.945
Profit Target/s:
1.2200 , 1.2300, 1.2400
Reward-to-risk Ratio:
1,62
Risk percentage:
1%
Indicators used:
support and resistance
Trade Rationale:
Swiss bank doesn’t want eur/chf under 1.200, so my stop loss is very under this level to be shure not take spikes down.
i think in this week SNB enter to boost up euro/chf (Maybe wednesday at 15.00)
Reward-to-risk is calcolated on 1.945 stop loss but it should be calculated on 1.200… anyway… better to be pessimistic.
Trade Adjustments:
dunno… :41: