USD/CHF Bearish - end of Week
Looking at a Friday expiry for this Cypher pattern as it looks good for a couple of strikes !
Placing trade based upon the LOW created from Monday's 2100 hour to Tuesday's 0300 hour pricing, then wait for price to BREAK downward again below that LOW !
Placing trade based upon the LOW created from Monday's 2100 hour to Tuesday's 0300 hour pricing, then wait for price to BREAK downward again below that LOW !
Note
Trade Closed Below 0.98250 with 11 PUT Contracts @ ~ $42.00 placed Monday late evening - expired PROFITABLE the next Friday 1500 hours ! In fact, price closed below 0.97750 just where the Descending Triangle points ! WINNER ! ! !Trade closed: target reached
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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.