USDCHF | Perspective for the new week
USDCHF breaks below the bullish trendline that has been holding price action since the beginning of the month to set the tone for a potential bearish drive in the coming week. This video explains my plans in that regard.
idenRisk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
idenRisk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
Trade active:
With a partial breakdown/retest of the neckline of our reversal pattern, I am testing the water with half of my position size at entry right below the key level and a further retest of the neckline in the future could welcome another entry.
Good morning
Good morning
Trade active:
We are still on point, lock in some profit
Trade active:
With over 60pips in profit now; I am of the opinion that we might be experiencing a retracement into the sell zone identified on the chart in anticipation of trend continuation.
Good night
Good night
Trade active:
Still hopeful
Good morning
Good morning
Trade active:
Price action is right back within our selling opportunity zone; we shall anticipate a reversal pattern to join the potential decline.
Good night
Good night
Trade active:
Time to lock in some profit
Good night
Good night
Trade smart. Trade consciously
Good morning