USDCHF
Hey Traders,
The Swiss Frank may continue its downtrend on the shorter timeframe and could bounce the 0.618 Fibonacci level as indicated in the chart.
My proposed area to go on a short is the retest of the broken structure turning resistance now:
USDCHF Sell at 0.99120
Stop Loss at 0.99450
Target 1 at 0.98570
Target 2 at 0.98420
Since the market is closed now, this is just for reference on our next week setups; with that being said, I wish all of you a nice happy weekend.
The Swiss Frank may continue its downtrend on the shorter timeframe and could bounce the 0.618 Fibonacci level as indicated in the chart.
My proposed area to go on a short is the retest of the broken structure turning resistance now:
USDCHF Sell at 0.99120
Stop Loss at 0.99450
Target 1 at 0.98570
Target 2 at 0.98420
Since the market is closed now, this is just for reference on our next week setups; with that being said, I wish all of you a nice happy weekend.
Trade closed: target reached
Sweet Money ;)
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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.