UnknownUnicorn1383471

Clear Bearish Pennant Pattern on USDCHF

Short
FX:USDCHF   U.S. Dollar / Swiss Franc
After the strong bearish impulse the price as started a corrective movement.
Creating one of the most effective patterns (Bearish Pennant) when it comes to follow the trend.
Concluding I think it is a good opportunity to enter short as soon as we have the confirmation from the price breaking corretion´s support line.

This market analysis is just a investment idea, the same shouldn't be taken as a financial counseling without risk envolved.
CFD´s are very complex financial products that can result on the loss of most capital invested
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.