Broken rising wedge pattern to the downside on EUR/CHF. 50 sma also broken adding to confluence.
1:2 R/R available if traded on a pull back to the broken resistance line.
More potential downside if next support is broken and the price falls down to its inception point.
1:2 R/R available if traded on a pull back to the broken resistance line.
More potential downside if next support is broken and the price falls down to its inception point.
Note
Entered short on re-touch at 1.16300Trade closed: stop reached
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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.