EURCHF
2HR chart: price currently at ascending channel, it has formed a pin bar at the resistance of the channel, high probability that price will reverse and start its bearish course.
Wait and get in on a bearish engulfing or execute the trade with SL just above the previous high.
Safe haven CHF has been bullish for a while.. (since April 18)
SL: 1.11716
TP: 1.0986
TARGET: 50pips
ESTIMATED TIME: 1-2 days
Do you agree? Let's discuss :D
Goodluck
IDEA IS SOLEY FOR EDUCATION AND RECORD KEEPING (USE AT OWN DISCRETION)
2HR chart: price currently at ascending channel, it has formed a pin bar at the resistance of the channel, high probability that price will reverse and start its bearish course.
Wait and get in on a bearish engulfing or execute the trade with SL just above the previous high.
Safe haven CHF has been bullish for a while.. (since April 18)
SL: 1.11716
TP: 1.0986
TARGET: 50pips
ESTIMATED TIME: 1-2 days
Do you agree? Let's discuss :D
Goodluck
IDEA IS SOLEY FOR EDUCATION AND RECORD KEEPING (USE AT OWN DISCRETION)
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.