I am considering selling **USD/CHF at 0.82529** with a **take profit (TP) at 0.82300** — that’s a short position targeting a **~22.9 pip** gain. Let's break it down quickly:
### 🔍 Trade Overview:
- **Pair**: USD/CHF
- **Position**: Sell (short)
- **Entry**: 0.82529
- **TP**: 0.82300
- **Pip Gain**: ~22.9 pips
### ✅ Considerations Before Entering:
1. **Trend**: Is USD/CHF in a downtrend on the higher timeframes (H4, D1)?
2. **Support Area**: 0.82300 — does this align with a recent support zone?
3. **News/Events**: Any CHF or USD news coming up? (Like SNB or Fed speakers, inflation, etc.)
4. **Volume & Momentum**: Is momentum currently bearish? Look at RSI/Volume or MACD if you're using indicators.
5. **Stop Loss**: What’s your SL? Risk-reward is key — ideally at least 1:1.
### 🔒 Risk Management:
If you don’t have a stop loss yet, maybe set one above the recent swing high (like 0.82650 or above depending on market structure).
### 🔍 Trade Overview:
- **Pair**: USD/CHF
- **Position**: Sell (short)
- **Entry**: 0.82529
- **TP**: 0.82300
- **Pip Gain**: ~22.9 pips
### ✅ Considerations Before Entering:
1. **Trend**: Is USD/CHF in a downtrend on the higher timeframes (H4, D1)?
2. **Support Area**: 0.82300 — does this align with a recent support zone?
3. **News/Events**: Any CHF or USD news coming up? (Like SNB or Fed speakers, inflation, etc.)
4. **Volume & Momentum**: Is momentum currently bearish? Look at RSI/Volume or MACD if you're using indicators.
5. **Stop Loss**: What’s your SL? Risk-reward is key — ideally at least 1:1.
### 🔒 Risk Management:
If you don’t have a stop loss yet, maybe set one above the recent swing high (like 0.82650 or above depending on market structure).
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Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
Gold Signal's with proper TP & SL for high profit ..
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📲 Join telegram channel free ..
t.me/EU_USA_AND_CHAINA_TRADER
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
Gold Signal's with proper TP & SL for high profit ..
t.me/Gold_Analysis_Experiment
t.me/EU_USA_AND_CHAINA_TRADER
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
Gold Signal's with proper TP & SL for high profit ..
t.me/Gold_Analysis_Experiment
Related publications
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.