020120-060120 USDCHF LOSS

Hourly Trade

The pattern formation was nice and good. The entry was also really good. Also the lead currency USD was appreciating, at the same time. But even after EURUSD hit the target and then some, USD CHF was not moving in tandem at all. Then came the news of Trump bombing Iran, and this adversely affected the movement. So I manually exited the trade at minimal loss. But in the hindsight, it did really go in the direction of the trade afterall.