CAD/CHF: Long position; update
In this little update, as I was first in short from yesterday until I watching that CAD/CHF break up this pattern that formed a bullish rising wedge, So, as I closed up my short position with a small loss of 1.33% as I was in two order to the short. For what, analyzing this case, it's bullish scenario.
But everything could to happen in Forex market to give me the exercise to improve my skills in trading.
What we see it's a bullish rising wedge and the price made this pull back and confirmation in this point ,what I'm in long from this morning from $0.7317 CHF and Stop Loss to $0.7288 CHF. And my fix target toward $0.7372 CHF. We see a bullish scenario case.
So, I will calculate any loss or earn in this trade in the next week, as I decide to hold this position and run until next week. What my result I will post fo November 2022.
Tomorrow I will make my last review of my Forex par to analyze it, and then know what was my monthly percentage in this month.
Good luck!!!
But everything could to happen in Forex market to give me the exercise to improve my skills in trading.
What we see it's a bullish rising wedge and the price made this pull back and confirmation in this point ,what I'm in long from this morning from $0.7317 CHF and Stop Loss to $0.7288 CHF. And my fix target toward $0.7372 CHF. We see a bullish scenario case.
So, I will calculate any loss or earn in this trade in the next week, as I decide to hold this position and run until next week. What my result I will post fo November 2022.
Tomorrow I will make my last review of my Forex par to analyze it, and then know what was my monthly percentage in this month.
Good luck!!!
