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U.S. Dollar / Swiss Franc
Short

Cup & handle pattern to sink price further

By gunhy
Updated
Since I shorted the top at 0.9 (not published on TV), USDCHF has been on a steady decline. Now we can see a CnH pattern forming, and price is nowhere near the bottom of the megaphone pattern. If price breaks below, we can look to short towards the 0.87 level or the lower bound of the megaphone pattern.
Comment
Price is now at target entry zone
Trade active
Bears stepping in
Order cancelled
Idea invalidated
Chart PatternsTechnical IndicatorsTrend AnalysisUSDCHF

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