USDCHF - Bearish Flag, case study in real time

FX:USDCHF   U.S. Dollar / Swiss Franc
H4 charts has a nice bearish flag with price having broken it. Gives a target to 0.856... the same region that forms a longer term base. I think this could be the last time test to this level before USDCHF             could start pushing higher. Let's see how this works.
To protect my small profit and position, I added short EUR, I want avoide volatility
Its a retracement move. 0.88701.
HappyKing justatrader
I see thanks my friend!
nothing but my entry rule..

I like your idea cause market is in down trend.

I'm waiting dayli closing for confirmation
Simple chart... Can you explain what causes you to sell below 88359 and in particular why that candle highlighed? I can see that its a UML bounce... but the candle with the arrow looks 'mysterious'
HappyKing justatrader

Like old and simple rule 25day high buy, 25day low sell
HappyKing justatrader
I'm just waiting dead cross, next day
Ahhh, got it. Looks nice and simple!!! USDCHF looks to be getting support near 0.881.. Monthly and weekly pivots sit there. So a break of 0.881 will clear downside moves.. else the trade could just push higher.
HappyKing justatrader
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