It appears the price is producing a horizontal channel on the USDCHF 4H chart. One could say that that is an expected accumulation evolving after an earlier bearish trend.
At the moment I look forward to shorting the pair with TP1 in the mid-area of the channel.
At the moment I look forward to shorting the pair with TP1 in the mid-area of the channel.
Note
Please support me with your thumbs up and comments.Trade closed: stop reached
Trade active
Re-entered shortsTrade active
The price is moving in our favor.Trade active
TP1 achievedTrade active
Shorts re-entered.Order cancelled
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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.