USDCHF Bearish Continuation
USDCHF still seems to exhibit signs of Bearish continuation even after immense bearish momentum.
Bears may eventually face a strong support zone around 0.8374 till 0.8358. If this zone breaks, the chances of achieving TP2 will increase.
Trade Plan
Entry @ CMP
Stop Loss @ 0.8550
TP1 @ 0.8416
TP2 @ 0.8349
No. of Trades: 2
Move SL to Break Even if TP1 hits.
Bears may eventually face a strong support zone around 0.8374 till 0.8358. If this zone breaks, the chances of achieving TP2 will increase.
Trade Plan
Entry @ CMP
Stop Loss @ 0.8550
TP1 @ 0.8416
TP2 @ 0.8349
No. of Trades: 2
Move SL to Break Even if TP1 hits.
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