USDCHF
Technical Reasoning: Double Top Pattern
Conformation: Wait for price to break and close below the neckline and then place a sell limit order at retest of the neckline
Risk/ Reward: SL above highest top of pattern, green arrows on chart indicate where targets would be placed. Never risk more than 2% of total trading capital on a single trade.
Technical Reasoning: Double Top Pattern
Conformation: Wait for price to break and close below the neckline and then place a sell limit order at retest of the neckline
Risk/ Reward: SL above highest top of pattern, green arrows on chart indicate where targets would be placed. Never risk more than 2% of total trading capital on a single trade.
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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.