USD/CHF Shoulder Head Showder, I sold it when I wrote this post

Trading Discussion
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Hiiiii! :smiley::+1:
I am studying USD/CHF, it looks like this chart has made a shoulder to shoulder pattern. I’m selling, normally I use the time of 1 hour, but this time I opted for 30 minutes.
I keep thinking about looking at the COT, to see if I have a greater probability of my sale being in profit.

I sold on USD/CHF at 0.99674
Profit 0.96991
stop loss 0.99781
Probability of earning points 0.02683

On the chart is a probability analysis, how far I think the sale can go and have a reversal

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Is anyone also thinking of selling on USD/CHF?
I wonder if the chart pattern I drew on USD/CHF, Shoulder Head Shoulder is correct.
I’m also wanting to study and delve into how to use COT. Does anyone know where I can study this subject here on the BabyPipsl forum?
Thank you for your attention!
Happy trading to all!
And let’s study! :smiley:

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Continuation of the trade

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Continuation of the trade, day 2!

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Continuation of the trade after a few days

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1 Like
5

Nice trade :slight_smile:
I was also taking a ride, but very short one. I’ve entered below triangle breakout, but manually jumped off on first consolidation. Happy Trading! :slight_smile:

obraz
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:smiley::Hey! Hi, thanks for your comment. I thought no one would comment here hahaha :rofl: I think the life of a trader is lonely, I just don’t think it’s very lonely because I have my coffee :coffee: here hahah. Very cool that you managed to catch this trade, even making few points or many points, the good thing is that you managed to hit the trade. I completed my trade on Sunday, I saw a big change in COT so I decided to complete the trade. I finished with 4000 points. It was my best trade, I’ve been studying swingtrade in forex for a few months now, and I’m enjoying it a lot. Then I’ll post here how the trade was completed.

1 Like