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 fermée: ordre d’arrêt atteint
Stop Loss reached
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.