🔸Hello traders, let's review the 2 hour chart for USDCHF today. Bear flagging since June,
expecting breakdown and subsequent re-test of year lows near 8850 later.
🔸Short-term expecting more range-locked price action within the flag pattern structure,
position traders should stay on sidelines and wait before short selling from resistance.
🔸Recommended strategy for USDCHF bears: wait for price to re-test near 9020/9040
and short with SL 40 pips TP1 +90 pips TP2 +180 pips final exit at 8850 BEARS.
this is a swing trade setup, patience required. good luck!
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RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
expecting breakdown and subsequent re-test of year lows near 8850 later.
🔸Short-term expecting more range-locked price action within the flag pattern structure,
position traders should stay on sidelines and wait before short selling from resistance.
🔸Recommended strategy for USDCHF bears: wait for price to re-test near 9020/9040
and short with SL 40 pips TP1 +90 pips TP2 +180 pips final exit at 8850 BEARS.
this is a swing trade setup, patience required. good luck!
🎁Please hit the like button and
🎁Leave a comment to support our team!
RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
Note
nice progress so farNote
eurcad 2h advanced xabcd setup short/hold tp 4250
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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.
taplink.cc/prsyndicate
💎algo based bots and signals
⚡️forex/crypto/memecoins/stocks
📕full-auto FX trading bot
💎5%+/day 25%+/week low risk
🚀supercharge your trading
💎75% win rate free gold signals
t.me/syndicategold001
💎algo based bots and signals
⚡️forex/crypto/memecoins/stocks
📕full-auto FX trading bot
💎5%+/day 25%+/week low risk
🚀supercharge your trading
💎75% win rate free gold signals
t.me/syndicategold001
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.