Nice easy trade on the USD/CHF

Beginner Questions
1

a nice easy trade on the USD/CHF with an R:R of 1:4 so i thought i’d just post it here for educational purposes :slight_smile:

strong resistance at the 1.0325 level drawn up on a horizontal and a trendline supported by the 61.8% fibo level

entry 1.0300

stop at 1.0325-330

exit at 1.0200

good luck :slight_smile:

i’ll post charts when i’ve figued it out lol

lee :slight_smile:

2

here’s the chart :slight_smile:

lee :stuck_out_tongue:

3

when you say stop at 1.0325 that’s take profit? so you’re buying not selling? sorry I’m a little dense this morning