Usdchftrade
USD CHF MAY GO SHORT ACCORDING TO MY TECHNICALS. {13/6/2021}Disclaimer:- Educational Analysis says USD CHF may go Short according to my technicals.
This is not an entry signal. I have no concern with your profit and loss from this analysis.
Why short?
DAILY SUPPORT AND RESISTANCE LEVEL HAVE BEEN PRESENTED ON THE CHART.
ON H1 TF PAIR IS MAKING LOWER HIGH AND LOWER LOW.
EVENTUALLY MADE DOUBLE TOP
ATR IS 15 PIPS.
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS.
ADDITIONAL CONFIRMATION IS BEARISH ENGULFING ON SMALLER TIME FRAMES OF 5M TO 15M.
ENTRY 0.89670
STOP-LOSS 0.90076
TAKE PROFIT 0.87900
USD/CHF Looking For Longing OpportunityIt seems like the USDCHF has a very strong support level around this and we can definitely start to look for longing opportunity around this support level.
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
USDCHF long shaping up nicely👌👍Entry details are shown on the chart.
We're only looking for TP3.
Trade history can be seen below this trade idea too for full transparency.
------------------------------------------
I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
Interested in access to my strategy so you can be in these trades the moment they're valid? Drop me a DM .
The stats for this pair are shown below too.
Thank you.
Darren