USDCHF : POTENTIAL LIBRA PATTERN
The price did try to break the 0.98652 but now fall back, so i will assume that this is a false breakout. Since DXY is somewhat in bearish trend as i analyse before, i will look forward to sell at high, and TP half position at FIBO 0.618, adjust the SL to the break even for another half position.
TRADE IDEA :
SELL THE PULLBACK AT NEAR 0.98569
SL : 0.99100
TP 1 : 0.96870
TP 2 : 0.95600
TRADE IDEA :
SELL THE PULLBACK AT NEAR 0.98569
SL : 0.99100
TP 1 : 0.96870
TP 2 : 0.95600
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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.