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U.S. Dollar / Swiss Franc
Short
Updated

Rising wedge on USDCHF

96
Plain and simple rising wedge on EUFCHF. Purple wedge could turn into orange wedge if pushed higher. Good R&R as with most wedges. Safe trading.
Note
Perfect entry, trade active, wait to move stop until further downward movement to avoid being stopped out.
Trade active
move stop to entry at 0.99550 for a free trade
Note
Stop to entry is safe now, enjoy the profit without the risk :)
Trade closed: stop reached
Stop hit for slightly over break even. Very important to place trailing stops in winning trades to preserve capital. This is a great example.
solventless
Chart PatternsTrend Analysis

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.
Chart PatternsTrend Analysis
solventless

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.