#USDCHF Shorting Opportunity
Price broke out of a wedge in the bearish trend, looking for a retest of the pattern for a selling opportunity. Wait for price to enter supply zone before setting a sell stop @0.97652. Stop loss goes above previous high, and target is 45 pips. Decent risk/reward of 3.
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.