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USDCHF set to go Down.

Short
U.S. Dollar / Swiss Franc (FX:USDCHF)  
Fx_Trader_ViSa Updated   
FX:USDCHF   U.S. Dollar / Swiss Franc
Trend Analysis Harmonic Patterns Chart Patterns USDCHF usdchfanalysis dollar euro pound Forex forexsignal forexanalysis forextrading
4
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trendanalysis harmonicpatterns chartpattern usdchf usdchfanalysis dollar euro pound forex forexsignal forexanalysis forextrading
USDCHF has given a breakout from descending triangle pattern . we might see further long term downside in USDCHF towards the support level . it might consolidate at minor support level denoted by doted line. it is trading in channel pattern after given a breakout from descending triangle pattern ,which can be use for trend confirmation for downside . one can consider minor supports for day trading . trade can be initiated for short at multiple level on downside with proper risk management and stop loss

Thanks
Trade closed: target reached:
big profit booking at minor support line 2 ( dotted line 2)
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