USDCHF Bearish Continuation
USDCHF still seems to exhibit signs of Bearish continuation even after immense bearish momentum.
Bears may eventually face a strong support zone around 0.8374 till 0.8358. If this zone breaks, the chances of achieving TP2 will increase.
Trade Plan
Entry @ CMP
Stop Loss @ 0.8550
TP1 @ 0.8416
TP2 @ 0.8349
No. of Trades: 2
Move SL to Break Even if TP1 hits.
Bears may eventually face a strong support zone around 0.8374 till 0.8358. If this zone breaks, the chances of achieving TP2 will increase.
Trade Plan
Entry @ CMP
Stop Loss @ 0.8550
TP1 @ 0.8416
TP2 @ 0.8349
No. of Trades: 2
Move SL to Break Even if TP1 hits.
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.
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.