USDCHF harmonic patern + retest of a breakout + double bottom =
92
Looking for a long in USDCHF for the reasons mentioned in a title.
Stop loss under the support zone and target about around previous high, 89 EMA or downtrend line (not on the chart)
do you agree?
Dan
Note
I was wrong here. Went against the trend. gonna explore possibilities of shorting upon testing resistance.
Note
neither short or long idea on this pair has worked, they did both work eventually however i have been stopped out on both.. this looks like price could form a double top. now testing support.. we will see how price reacts here
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PS: this is not a financial advice. simply blog of my ideas I would like a feedback from more experienced traders, and to see how I perform over time)
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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.