SMPTrader

USD/CHF - POTENTIAL SELL OPPORTUNITY - WAITING FOR CONFIRMATION

Short
SMPTrader Updated   
FX_IDC:USDCHF   U.S. Dollar / Swiss Franc
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY


Chart Time frame - 4 Hourly
Timeframe - 1 week
Actions on -
A – Activating Event
Currency Pair creating a Double Top
B – Beliefs
Market will be rejected at @1.009 level and move towards the Target 1 level @ 0.9963
Will only enter if market has been rejected by the @1.009 level. If not the trade will not be executed

USDCHF

Trade Management
Entered @ Still waiting for confirmation
Stop Loss @ 0.115
Target @0.9963
Risk/Reward @ 1:5

Comment:
Still waiting on the sidelines for this trade

Follow your Trading plan, Remain disciplined and keep learning !!

Please Follow, Like,Comment & Follow
Thank you for your support :)

This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.