Get started
U.S. Dollar / Swiss Franc
Short

USDCHF, Initial Touch of the D-Res Completed.

By RevenueTrader
Updated
Pair - USDCHF
Trade Idea - Looking for go short

  • Both moving averages are showing strong downtrend.
  • Price just completed the Touch of the initial D-Res Zone.
  • Break Below would be a great signal for go short.


Stay tuned with this trade idea for more updates.
Trade active
snapshot

Place Short trade as the price broke below the trendline.
Comment
snapshot

Price hit the 10 PIPs in profit. Therefore, move Stop loss to 👉 (-2 PIPs) to cut the losses of this trade.
Comment
snapshot

Price Hit 15 PIPs Profit
Move SL to Breakeven. Now this is a Risk Free Trade. 💪
Comment
snapshot

Price Hit 20 PIPs profit, Move SL +3 . Now
this trade have +3 Profit 💪
Comment
Trade keep running.
London momentum is getting lower and the few USD news announcement is coming around New York open. It's better to let the trade play out while keeping some profit lock.
Comment
snapshot

Trade Closed here for +3 PIPs
breakouttradingChart PatternstrendTrend Analysis
RevenueTrader

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.