400 PIPS CHANCE. USDCHF to fall further ?
Good Good Evening Traders !
Hope you all are doing nice during this trading week !
So guys, after being quite bullish on CHF, I've decided to keep a look aswell on USD.
It has been struggling since the beginning of the Pandemic, and its not showing much major improvements.
Here we have a very strong DOWNTREND, and what could be a bearish channel.
As you can see, we have multiples touches on the upper line, without a break-through, guiding this pair to a saturated point.
CHF has been performing nicely against a strong JPY during the past days ( another trade we keep holding ).
With a 110 STOP LOSS PIPS, and a 400
PIPS of TAKE PROFIT, I really believe we have here an awesome swing trade for the next couple of days !
Feel free to use this trade yourself, but remember to always keep a good risk managment.
CHECK THE LINK BELOW
Hope you all are doing nice during this trading week !
So guys, after being quite bullish on CHF, I've decided to keep a look aswell on USD.
It has been struggling since the beginning of the Pandemic, and its not showing much major improvements.
Here we have a very strong DOWNTREND, and what could be a bearish channel.
As you can see, we have multiples touches on the upper line, without a break-through, guiding this pair to a saturated point.
CHF has been performing nicely against a strong JPY during the past days ( another trade we keep holding ).
With a 110 STOP LOSS PIPS, and a 400
PIPS of TAKE PROFIT, I really believe we have here an awesome swing trade for the next couple of days !
Feel free to use this trade yourself, but remember to always keep a good risk managment.
CHECK THE LINK BELOW
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