I Hope this setup will work. If any suggestion please ping me!
Here it is, Entry - 0.93496 StopLoss - 0.93876 TP 1 - 0.92808 TP 2 - 0.92372
USDCHF Short Risk/Reward: 1:5 Give a Like and Feel free to share your opinions in the comment! Thanks 😊
The downtrend in the daily timeframe. So gone for sell after the retracement in lower timeframe.
We have a 5 Wave upward Impulse complete; then we have the 3 Wave Correction forming where Wave A is a Flat structure complete and verified; Wave B is a Contracting Triangle complete and verified; after completion of the Triangle there is a massive move in the direction opposite to the Wave E also Wave C is in the direction of Wave A hence Wave C is expected to...
We have a downward 5 Wave Impulse complete; this is a WAVE 1 and now there is a Correction forming; This Correction has Wave A comeplete and Wave B is forming; we need to verify the Wave A and B in the Lower Degree; So here We have explained Wave As subdividions Wave A is a 5 Wave upward Impulse Wave B is a Triangle and Wave C is a Ending Diagonal; ...
USDCHF-Swing Short Trade for 50 pips gains