USDCHF TRADE IDEA - SHORT
Weekly Bearish, Daily Bearish, 4Hr Bearish
At the beginning of the week I had my eyes on this setup, and I believe the high impact news this week will be taking us to the next Daily Support at 0.87366 minumum.
It formed a beautiful head and shoulders pattern on the daily retesting the previous structure point low.
Daily TF confirmed my bias on monday this week due to the retracement it created on the daily, retesting 0.88500 round psychological level and major resistance level on the weekly and daily showing multiple rejections when price closed under on the daily timeframe due to historical data.
We had a beautiful bearish engulfing on the daily on wednesday which gives me another confirmation that price should continue to push down.
USDCHF
At the beginning of the week I had my eyes on this setup, and I believe the high impact news this week will be taking us to the next Daily Support at 0.87366 minumum.
It formed a beautiful head and shoulders pattern on the daily retesting the previous structure point low.
Daily TF confirmed my bias on monday this week due to the retracement it created on the daily, retesting 0.88500 round psychological level and major resistance level on the weekly and daily showing multiple rejections when price closed under on the daily timeframe due to historical data.
We had a beautiful bearish engulfing on the daily on wednesday which gives me another confirmation that price should continue to push down.
USDCHF Trade ativo
I closed half of my position at 0.87800. Stop moved below entry. Trade is now risk free. Waiting for news to send the trade to our final TP at 0.87366.Nota
Final TP HIT
Aviso legal
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