I decided to take another go at #USDCHF.
The price was floating midway between 1.00000 and 0.99950. Taking this into account, I entered on the premise that the price may reverse at 50% of the range.
The price reaction was almost immediate, and it did drop, but not to a very comfortable level.
The price did not penetrate through the cloud so I closed out manually to breakeven.
After trade analysis
This was a good call, because price went back up to test the 1.00000 level.
