GOOD DAY TRADERS
HERE'S A SHORT IDEA ON THE USDCHF PAIR
> ON HIGHER TIMEFRAMES WE HAVE A PENNANT FORMATION ON THE PAIR AND WE ARE STILL RANGING IN THE STRUCTURE AND THE SENTIMENT ON HIGHER TIME FRAMES IS STILL BEARISH SO LOOKING FOR SHORTS ON THE PAIR.
> THE PAIR IS TRADING AT 50% FIBONACCI LEVEL AND HAS FAILED TO BREAK THIS SUPPORT LEVEL A COUPLE OF TIMES
TARGET 1 - 61.8 % FIB LEVEL
TAREGT 2 - 0.96348 SUPPORT LEVEL
RISK MANAGEMENT
STICK TO YOUR RULES ON ENTRIES
PERIOD - SWING TRADE
HERE'S A SHORT IDEA ON THE USDCHF PAIR
> ON HIGHER TIMEFRAMES WE HAVE A PENNANT FORMATION ON THE PAIR AND WE ARE STILL RANGING IN THE STRUCTURE AND THE SENTIMENT ON HIGHER TIME FRAMES IS STILL BEARISH SO LOOKING FOR SHORTS ON THE PAIR.
> THE PAIR IS TRADING AT 50% FIBONACCI LEVEL AND HAS FAILED TO BREAK THIS SUPPORT LEVEL A COUPLE OF TIMES
TARGET 1 - 61.8 % FIB LEVEL
TAREGT 2 - 0.96348 SUPPORT LEVEL
RISK MANAGEMENT
STICK TO YOUR RULES ON ENTRIES
PERIOD - SWING TRADE
