ElemontFX
Short

USDCHF TRADE SETUPS

FX:USDCHF   U.S. Dollar/Swiss Franc
USDCHF             is about to break out of a pennant.
We expect price to break lower out of a bearish flag pattern, which has major downside potential.
If it break to the upside instead, we can go long and TP at the previous high, using the flag pattern as SL confirmation.
If it breaks to the downside, go short for a potential massive correction, with SL above the downwards trendline.
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