HELLO TRADER,S WHAT ARE YOUR THOUGHTS ON USD/CHF
On the USD/CHF 1-day chart, a short trade setup is identified with an entry zone around 0.81400. This suggests that the trader anticipates a downward move in the pair from this level. The target point is set at 0.77000, indicating a significant bearish outlook and a potential profit opportunity if the price declines as expected. To manage risk, a stop loss is placed at 0.82500, just above the entry point, to limit losses in case the market moves against the position. This setup reflects a favorable risk-to-reward ratio and a clear technical strategy, likely based on resistance and support zones or trend analysis .
On the USD/CHF 1-day chart, a short trade setup is identified with an entry zone around 0.81400. This suggests that the trader anticipates a downward move in the pair from this level. The target point is set at 0.77000, indicating a significant bearish outlook and a potential profit opportunity if the price declines as expected. To manage risk, a stop loss is placed at 0.82500, just above the entry point, to limit losses in case the market moves against the position. This setup reflects a favorable risk-to-reward ratio and a clear technical strategy, likely based on resistance and support zones or trend analysis .
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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.