Euro / Swiss FrancEducation
EURCHF short?
EURCHF
2HR chart: price currently at ascending channel, it has formed a pin bar at the resistance of the channel, high probability that price will reverse and start its bearish course.
Wait and get in on a bearish engulfing or execute the trade with SL just above the previous high.
Safe haven CHF has been bullish for a while.. (since April 18)
SL: 1.11716
TP: 1.0986
TARGET: 50pips
ESTIMATED TIME: 1-2 days
Do you agree? Let's discuss :D
Goodluck
IDEA IS SOLEY FOR EDUCATION AND RECORD KEEPING (USE AT OWN DISCRETION)
2HR chart: price currently at ascending channel, it has formed a pin bar at the resistance of the channel, high probability that price will reverse and start its bearish course.
Wait and get in on a bearish engulfing or execute the trade with SL just above the previous high.
Safe haven CHF has been bullish for a while.. (since April 18)
SL: 1.11716
TP: 1.0986
TARGET: 50pips
ESTIMATED TIME: 1-2 days
Do you agree? Let's discuss :D
Goodluck
IDEA IS SOLEY FOR EDUCATION AND RECORD KEEPING (USE AT OWN DISCRETION)
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