Rising Wedge - Short USD/CHF
Updated
USDCHF is forming a rising wedge in short-term. Priority to sell.Trade active
Trading position #1 active.Note
Breaking the shorter-term rising wedge. Let's see...Note
You may start the second trading position if you want. I would wait for the breakout of the second rising wedge.Trade active
Trade position #2 and #3 active. You may want to move Stop Loss of trade #1 and #2 to entry point.Note
Almost breaking out the second rising wedge. Seems like waiting for true breaking out is a wiser move. Good luck!Note
The longer rising wedge broken out. Please move your SL to entry point.Trade closed: target reached
Cheers.
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