USDCHF long trade on 22/11/24
- Trade based on H4 timeframe and wait for pullback setup.
- Overall strength meter reading was USD = +7, CHF = 0
- Entry time 5:00pm
- Strength meter during entry:
- note: this pair was in my watchlist on this day. I even check this setup just before it was launch to the upside around 5:00pm but hesitated to enter. I was not well prepared, need focus at the very top level otherwise this kind of trade will continue slipped away from me.
- Strength meter recorded for entire trading day:
- This trade has potential to hold until it make a new high and only exit when price show inability to rise higher.