USDCHF ShortTime Frame: 4H
Symbol: USDCHF
Entry: 0.97288
TP: 0.94327
SL: 0.99720
Bias: Short
Considering the current price pattern of this pair, our bias goes for selling side. SO we plan a sell trade from the current price context.
Usdchdshort
USDCHF ShortTime Frame: 4H
Symbol: USDCHF
Bias: Short
The trend of price movement for this pair is clearly showing a short bias. The overall direction is short and the current price pattern is also revealing a short trade set up. Let us hope for a sell trade from the current time and price projection.
USDCHF ShortHi,
Looking for a short on the USDCHF, this is purely from a technical viewpoint, we have seen some bearishness in the DXY and a strong bearish leg form followed by lower lows and lower highs. The technical reason is a 50% fib retracement on the most recent bearish leg(1hr timeframe) and a test of lows. We are looking for a 1272 fib extension as a target.
Entry: 0.99198
Stop: 0.99010
Target: 0.98776
I would take less risk on the account with this trade since we have already spiked through the lows and pull back, the support is strong in the area. I recommend a 1% risk on a small account .
Watch me trade live at twitch.tv/aardall
USDCHF - PULLBACK - 23. APR. 2019WELCOME TO DACAPITAL-TRADING!
USDCHF FOREX BREAKDOWN 23 APRIL 2019
1 HOUR
Explosive bullish price action over a few weeks reaching its final peak and spike high!
4 HOUR
Expecting market to drop now its way overbought and too many long positions loaded in.
DAILY
Sellers been taken out and market searching for resistance to turn!
PULLBACK SETUP
SELL USDCHF
ENTRY @ 1.01790
SL @ 1.02580
TP @ 1.00880
(Use normal Risk!)
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