USDCHF sell @0.9980
SL 1.0000
TP 1 0.9940
TP 2 0.9900
The pair is at the top of an ascending trendline. This should be the last touch of the trendline. The pair has reached this high a few candles earlier. There is also a fib line intersecting with the trednline at the current price. 1:2 risk to reward ratio. The pair has the possibility to break the lower trendline and carry on dropping in the long term. If trade is wrong, potential re-entries at October mo thly high @1.0030.
SL 1.0000
TP 1 0.9940
TP 2 0.9900
The pair is at the top of an ascending trendline. This should be the last touch of the trendline. The pair has reached this high a few candles earlier. There is also a fib line intersecting with the trednline at the current price. 1:2 risk to reward ratio. The pair has the possibility to break the lower trendline and carry on dropping in the long term. If trade is wrong, potential re-entries at October mo thly high @1.0030.
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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.