Hello Traders!
Hope you are all keeping well!
I have shared an idea for a swing sell on USDCHF a month ago (24/04/2024 - please see idea on my profile). The sell from 0.92 worked wonders! And is still valid.
I have my eyes on the following setup which counts as a confirmation entry! We see that perfect head and shoulders formation completed last week. And the price is in a POI which is a strong supply zone at the premium price.
Fundamentally nothing changed from my previous idea, and the explanation from that UCHF idea is still valid.. Retail traders are bearish on Swiss Franc.
This trade can be taken on market open, personally, I am in this trade already, as it tapped the confirmation entry. However, not too late to enter.
Trade safe!
Will update the idea accordingly!
Hope you are all keeping well!
I have shared an idea for a swing sell on USDCHF a month ago (24/04/2024 - please see idea on my profile). The sell from 0.92 worked wonders! And is still valid.
I have my eyes on the following setup which counts as a confirmation entry! We see that perfect head and shoulders formation completed last week. And the price is in a POI which is a strong supply zone at the premium price.
Fundamentally nothing changed from my previous idea, and the explanation from that UCHF idea is still valid.. Retail traders are bearish on Swiss Franc.
This trade can be taken on market open, personally, I am in this trade already, as it tapped the confirmation entry. However, not too late to enter.
Trade safe!
Will update the idea accordingly!
Trade active:
Let's see how this trade plays out!
Trade closed: target reached:
BOOOOOOM!!
More weakness next week :)