USDCHF SHORT IDEA:
USDCHF is a definite downtrend on the Monthly timeframe, specially with the big wicks thrown to the downside during crashes. If you want to be at one side only on this pair, it definetly would be the short side. We are eyeing a break of the descending trendline before a trap to occur for S and R traders. Once done, we enter a short after the correcctive pattern is broken as well.
Another risky entry could be at the 61.8% Fib retracement, with a relatively wide Stop Loss.
USDCHF is a definite downtrend on the Monthly timeframe, specially with the big wicks thrown to the downside during crashes. If you want to be at one side only on this pair, it definetly would be the short side. We are eyeing a break of the descending trendline before a trap to occur for S and R traders. Once done, we enter a short after the correcctive pattern is broken as well.
Another risky entry could be at the 61.8% Fib retracement, with a relatively wide Stop Loss.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。