Low risk SHORT setup for USDCHF
PAIR IN FOCUS: USDCHF
ACTION: SHORT
Price has retraced up and retested the recently broken rising trend channel. Expecting further bearish momentum after the retest and rejection.
Looking for a small retrace on this pair for better R:R with a fairly tight Stop Loss at <50 pips (above the retest and rejection candles). This pair will be most influenced by the market's risk sentiment which affects the strength of CHF. Should price melt pass TP Zone (1), it will likely head to Zone 2.
TP Zone (1), TP Zone 2 and Stop Loss have been indicated on the chart.
ACTION: SHORT
Price has retraced up and retested the recently broken rising trend channel. Expecting further bearish momentum after the retest and rejection.
Looking for a small retrace on this pair for better R:R with a fairly tight Stop Loss at <50 pips (above the retest and rejection candles). This pair will be most influenced by the market's risk sentiment which affects the strength of CHF. Should price melt pass TP Zone (1), it will likely head to Zone 2.
TP Zone (1), TP Zone 2 and Stop Loss have been indicated on the chart.
Trade chiuso: stop raggiunto
Stop Loss reached
Declinazione di responsabilità
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.