USDCHF | Double Top
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Initiate Short.
Entry - 0.96204
TP1 - 0.95412
TP2 - 0.94135
TP3 - 0.92909
TP4 - 0.91811
SL - 0.96460
Reason: Double top. Price lost First strong horizontal support and breaking out of the Range. We short it with a tight stop-loss, because the decline is expected to be sharp.
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable.
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advise.
Initiate Short.
Entry - 0.96204
TP1 - 0.95412
TP2 - 0.94135
TP3 - 0.92909
TP4 - 0.91811
SL - 0.96460
Reason: Double top. Price lost First strong horizontal support and breaking out of the Range. We short it with a tight stop-loss, because the decline is expected to be sharp.
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable.
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advise.
Join this telegram channel to see more ideas:
t.me/anputeam
Twitter account:
twitter.com/anputeam
t.me/anputeam
Twitter account:
twitter.com/anputeam
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.
Join this telegram channel to see more ideas:
t.me/anputeam
Twitter account:
twitter.com/anputeam
t.me/anputeam
Twitter account:
twitter.com/anputeam
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.