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pejman_zwin
Jun 26, 2023 7:56 AM

EURCHF will go DOWN by Rising Wedge Pattern!!!Β Short

Euro Fx/Swiss FrancFXCM

Description

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EURCHF managed to form a rising wedge pattern near the πŸ”΄resistance zoneπŸ”΄ and the downtrend line.

EURCHF managed to break the lower line of the rising wedge pattern.

I expect EURCHF will go DOWN again to the 🟒heavy support zone🟒.

πŸ”…Euro/Swiss Franc Analyze (EURCHF), 4-hour time frame ⏰.

Do not forget to put Stop loss for your positions (For every position you want to open).

Please follow your strategy, this is just my idea, and I will gladly see your ideas in this post.

Please do not forget the βœ…' like'βœ… button πŸ™πŸ˜Š & Share it with your friends; thanks, and Trade safe

Comment

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What is your idea❗️❓

Trade active

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Trade closed: target reached

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Comments
CobraVanguard
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Nice plan, thanks
pejman_zwin
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@COBRAandMALEK, Much appreciated. Thanks for your great support.πŸ™ŒπŸ»πŸŒΊ
TheFxAce
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Your sell signal is intriguing. Excellent job on the comprehensive analysis!
pejman_zwin
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@TheFxAce, I appreciate you saying that.πŸ™πŸ»πŸŒΉ
UnitedSignals
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Cheers, bro!
pejman_zwin
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@UnitedSignals, Thank you for your kind comments.πŸ™πŸŒΊ
Dealerify_HUNTER
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Where should we place the stop loss for the short position?
pejman_zwin
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@Dealerify_HUNTER, You can set the Stop Loss a little higher than the resistance zone.
Dealerify_HUNTER
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@pejman_zwin, Is it possible to stop hunting?
pejman_zwin
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@Dealerify_HUNTER, Yeah, But the probability is low
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