USD/CHF – Long Trade +20 PIPS

Same pair as previous trade – U.S. Dollar / Swiss Franc

It looked like price could continue to grind higher. Entered a long trade and a 20 PIP Take Profit order.

Ended up getting filled, taking about a day.

We do need to note how far price moved against the position before it was closed. That was about 37 PIPS. This means that if a stop loss was placed just under the low of the doji, a loss would have occurred.

Trade Closed

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