Search
Products
Community
Markets
News
Brokers
More
IN
Cyber Monday sale
Up to 70% OFF
Community
/
Ideas
/
USDCHF: Short Trade Based On Breakout
U.S. Dollar / Swiss Franc
Short
USDCHF: Short Trade Based On Breakout
By VasilyTrader
Follow
Follow
Updated
Sep 30, 2019
5
6
5
5
Sep 29, 2019
hey guys,
thank you for supporting my previous ideas!
As I promised, here goes a trading signal :)
usdchf has recently broken below a rising wedge on a daily and on Thursday we saw a perfect
retest of the support line of a broken wedge.
On Friday on 1-hour chart the market has formed a perfect double top pattern and broke
below minor support beneath it on 1H chart.
Now we can short the pair expecting bearish continuation to lower structure.
T1 - 0.9885
T2 - 0.9855
Stop - 0.994
*if you like this idea, please, like it and leave a comment! thanks :)
Sep 30, 2019
Trade closed: stop reached
Chart Patterns
chf
dollar
Forex
signal
swissfranc
Technical Analysis
trading
Trend Analysis
USD
USDCHF
Wave Analysis
VasilyTrader
Follow
✅Join My Telegram Channel:
t.me/VasilyTrading
❗️YouTube Channel
youtube.com/c/VasilyTrader
💰Instagram:
instagram.com/VasilyTrader/
💰
✅Facebook:
facebook.com/VasilyTrading/
✅
Also on:
Related publications
USDJPY: Trading Plan For Next Week
by VasilyTrader
USDCAD: Trading Plan
by VasilyTrader
NZDUSD: Much Indecision
by VasilyTrader
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
.