USDCHF - Daily Chart, Wolfe Wave Analysis

Daily Chart for USDCHF. Its in an uptrend and Wolfe Wave confirms the same. I'm a bit too impatient to wait for a retracement so i'm LONG in the trade.

Entry @ 0.9330
TP: 0.94861 (coincides with 50% Fibo Level)
S/L: 0.92775

Risk: 525 Pips
Reward: 1561

ETA: March 8th 2013.

Edit: What's also good about keeping this trade open until March 8th? Well, positive Swaps ;)

Just wanted to post another chart. Well the same chart as above but with Schaff Trend Cycle indicator added as well. If you notice, look how nicely price reversed just as Schaff Trend switched from a SELL to a BUY signal. I'm using this as a second confirmation signal for my trade. But as you know, markets are unpredictable. So fingers crossed!!