TradingView
VasilyTrader
29 set 2019 16:30

USDCHF: Short Trade Based On Breakout Short

FX:USDCHF60
U.S. Dollar/Swiss FrancFXCM

Descrizione

⋅


hey guys,

thank you for supporting my previous ideas!
As I promised, here goes a trading signal :)

usdchf has recently broken below a rising wedge on a daily and on Thursday we saw a perfect
retest of the support line of a broken wedge .

On Friday on 1-hour chart the market has formed a perfect double top pattern and broke
below minor support beneath it on 1H chart.

Now we can short the pair expecting bearish continuation to lower structure.
T1 - 0.9885
T2 - 0.9855
Stop - 0.994

*if you like this idea, please, like it and leave a comment! thanks :)
Trend AnalysisChart PatternsTechnical IndicatorsForextradingTechnical AnalysisUSDchfUSDCHFdollarswissfrancsignal
Commenti
Amigokaan
⋅
What do you say about USDCHF now
Is this trade still valid
I'm on sell 99402
Do you it will reverse or keep going up ???
BullBearMkt
⋅
Great work! With USDCHF closing with bearish engulf on daily chart last week, more decline is expected on the pair.
VasilyTrader
⋅
@BullBearMkt, yes that is true! Thanks for the comment !
Altro