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 fechado: stop atingido
Stop Loss reached
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.