Sell EURCHF Triangle Breakout
Updated
The EUR/CHF pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent breakout from a Triangle Pattern. This suggests a shift in momentum towards the downside in the coming hours.
Possible Short Trade:
Entry: Consider Entering A Short Position Below the Broken Trendline Of The Triangle After Confirmation. Ideally, This Would Be Around 0.9395
Target Levels:
1st Support – 0.9353
2nd Support – 0.9324
Stop-Loss: To manage risk, place a stop-loss order above 0.9412. This helps limit potential losses if the price falls back unexpectedly.
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Best Regards, KABHI FOREX TRADING
Thank you.
Possible Short Trade:
Entry: Consider Entering A Short Position Below the Broken Trendline Of The Triangle After Confirmation. Ideally, This Would Be Around 0.9395
Target Levels:
1st Support – 0.9353
2nd Support – 0.9324
Stop-Loss: To manage risk, place a stop-loss order above 0.9412. This helps limit potential losses if the price falls back unexpectedly.
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI FOREX TRADING
Thank you.
Trade active
Take Entry now
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✳️Forex Signals & Technical Chart : telegram.me/kabhifx
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