Fxprotrader
Short

USDCHF: Time To Reverse

FX:USDCHF   U.S. Dollar/Swiss Franc
1190 11 47
3 months ago
Price is moving into a rising wedge pattern and it's on it's way to reach a key reversal zone where it will meet the median line of an upslope pitchfork, the 0.618 fib level of previous swing cycle and previous structure (double top). If price breaks below the wedge it should be a good sell opportunity
3 months ago
Comment: Price has reached the sell zone. Watch for a sell setup to complete at this level
3 months ago
Comment: Price broke below the wedge with a wide range candle and it's now in consolidation. Big news today son we move stoploss at breakeven, waiting for the news from a safe position. The news may make this trade a huge one.
3 months ago
Comment: This analysis was very accurate and almost everything went as planned. Those traders who identified a setup at the sell zone have pocketed a decent amount of pips.
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Masihh PRO
3 months ago
USD/CHF Decent oppurtonity

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Fxprotrader PRO Masihh
3 months ago
Thanks for sharing
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Heelfan23 PRO
3 months ago
Very similar idea on GbpChf.
+1 Reply
Fxprotrader PRO Heelfan23
3 months ago
I have seen gbpchf yet.. Thank you for letting me know :)
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Heelfan23 PRO Heelfan23
3 months ago
snapshot
+1 Reply
Heelfan23 PRO Heelfan23
3 months ago
Divergence in play as well
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Fxprotrader PRO Heelfan23
3 months ago
Yes, easy seen at a lower timeframe
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Fxprotrader PRO Heelfan23
3 months ago
Great analysis
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Heelfan23 PRO Fxprotrader
3 months ago
Great trade!!!! Unfortunately my setup got blown out of the water. Gbp just hasn't had any pullback.
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CuongTran87
3 months ago
The price broke the wedge already, time for reversal.

Thanks for sharing the idea.
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Fxprotrader PRO CuongTran87
3 months ago
You are welcome mate
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