As previously highlighted, we saw a potential bearish move on this pair. During the past week, USDCHF began to push lower and it is currently at a point of support where we may see price retrace to gain some momentum before prices continues to to push lower to our TP and to another strong point of support which is at the trendline.
Entry - Grey line
Stop loss- Red line
Green line- Take profit
Risk exposure - 1%
Entry - Grey line
Stop loss- Red line
Green line- Take profit
Risk exposure - 1%
Trade active
Trade closed: target reached
