USDCHF sell @0.9980
SL 1.0000
TP 1 0.9940
TP 2 0.9900
The pair is at the top of an ascending trendline. This should be the last touch of the trendline. The pair has reached this high a few candles earlier. There is also a fib line intersecting with the trednline at the current price. 1:2 risk to reward ratio. The pair has the possibility to break the lower trendline and carry on dropping in the long term. If trade is wrong, potential re-entries at October mo thly high @1.0030.
SL 1.0000
TP 1 0.9940
TP 2 0.9900
The pair is at the top of an ascending trendline. This should be the last touch of the trendline. The pair has reached this high a few candles earlier. There is also a fib line intersecting with the trednline at the current price. 1:2 risk to reward ratio. The pair has the possibility to break the lower trendline and carry on dropping in the long term. If trade is wrong, potential re-entries at October mo thly high @1.0030.