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FedericoSellitti

USDCHF breakout of a descending triangle

Short
U.S. Dollar / Swiss Franc (OANDA:USDCHF)  
FedericoSellitti Updated   
OANDA:USDCHF   U.S. Dollar / Swiss Franc
Trend Analysis Chart Patterns Technical Indicators USDCHF Descending Triangle support breakout swingtrading daytrading Candlestick analysis
3
0
trendanalysis chartpattern indicator usdchf descendingtriangle support breakout swingtrading daytrading candlestickanalysis
USDCHF is going down, breaking an important support that was forming the lower part of a descending triangle.
Good risk to reward ratio, I suggest to enter the trade with a slightly lower risk, if you also have the short position on USDCAD.
Trade active:
Removed 1/8 of the position with a profit and moved the stop loss to the entry point!
Trade closed: target reached:
Take profit reached!
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