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USDCHF H16: +675 pips Best Level to BUY IT(SL/TP)(NEW) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage. Tagged as SHORT because I expect more downside short-term / before reversal (PRZ/D/BULLS). Updated/revised with mid-term plan.
::: USDCHF H16/candle chart review ::: updated/revised outlook ::: SHORT HIGH near 9330 ::: TP1 BEARS 500 TP2 BEARS 675 ::: final TP BEARS 8700 ::: FINAL TP is +675 pips ::: speculative XABCD in progress ::: BULLS get ready to buy low later ::: BEARS can SHORT from C/overhead ::: TP BEARS is 8700 point D below ::: outlook aligned with EURUSD outlook ::: however swing high required before PUMP ::: speculative XABCD setup ::: do your own due dill before entry ::: PRZ/D near 8700: best reload BULLS ::: recommended strategy: SHORT IT 9300/9330 ::: SL 100 TP1 +500 pips TP2 +675 pips ::: nice low risk setup ::: might get triggered this coming week ::: SHORT/HOLD - swing trade setup ::: SWING trade setup do not expect ::: fast/miracle overnights gains here ::: good luck traders 🔸 Supply/Demand Zones ::: N/A ::: N/A 🔸 Other noteworthy technicals/fundies ::: TD9 /Combo update: N/A ::: Sentiment short-term: BEARS ::: Sentiment outlook mid-term: BEARS/REVERSAL ::: Outlook: BEARS/REVERSAL C
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