USDCHF has formed a ascending channel with more than 3 touches which makes it a valid channel
we're waiting for an H4 candle to close below the last touch and a retest to the channel
when the retest get rejected we enter a short (sell) position
with a take profit which is a touch on a lower trendline and also 0.68
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we're waiting for an H4 candle to close below the last touch and a retest to the channel
when the retest get rejected we enter a short (sell) position
with a take profit which is a touch on a lower trendline and also 0.68
Follow us for more ideas and updates
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.