Get started
VasilyTrader

USDCHF: Major Trend Line & Trading Plan

Short
U.S. Dollar / Swiss Franc (FX:USDCHF)  
VasilyTrader  
FX:USDCHF   U.S. Dollar / Swiss Franc
Trend Analysis Trend Lines Fibonacci Forex dollar DJ FXCM Index USD USD (US Dollar) swissfranc chf USDCHF trader
49
15
trendanalysis trendline fibonacci forex dollar usdollar usd usd-us-dollar swissfranc chf usdchf trader
snapshot

USDCHF has reached a major falling trend line.

on 1H the price started to slow down and currently it is forming a double top formation.

0.948 is a minor structure support.
wait for its bearish breakout (1H candle close below) to short the pair.

T1 - 0.9467
T2 - 0.9455

safe stop above the tops


in case of a formation of a new higher high within the channel on 1H,
setup will be invalid.
✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel www.youtube.com/c/VasilyTrader

💰Instagram: www.instagram.com/VasilyTrader/ 💰

✅Facebook: www.facebook.com/VasilyTrading/ ✅

Related Ideas

VasilyTrader
EURAUD: Major Trend Line Trade
VasilyTrader
NZDJPY: Price Action & Trading Plan
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.