Euro / Swiss FrancShort
EURCHF
Price rebounded from the resistance zone and we're expecting price will resume it trend and goes down.
We had entered on when the candle formed a 'three inside down' pattern
Next entry will be 0.318 when price close bearish below it.
Our Tp will be 0.618(add position) 1.00, 1.272 and 1.618. Will monitor the price action when price reached 1.00.
Our Sl will be above the resistance zone and above or near the upper trendline.
This setup will be invalid if price keep ranging till it broke out from the trend.
We had entered on when the candle formed a 'three inside down' pattern
Next entry will be 0.318 when price close bearish below it.
Our Tp will be 0.618(add position) 1.00, 1.272 and 1.618. Will monitor the price action when price reached 1.00.
Our Sl will be above the resistance zone and above or near the upper trendline.
This setup will be invalid if price keep ranging till it broke out from the trend.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.