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dvburn3r
Feb 21, 2021 4:39 PM

USDCHF SELL: SYMMETRICAL BEARISH TRAINGLE FORMATION Short

U.S. Dollar/Swiss FrancFXCM

Description

The Symmetrical Bearish Triangle ( SBT) formed on the 4H chart. Entry to the the sell is quite tricky because price may buy on testing the SBT lower channel before a breakout.. A breakout and retest of lower SBT channel will be a further confirmation of this short entry. Price may break TP at 0.87602 to lower channel trendline but i don't know for sure yet.
Contributions are welcomed!

Trade closed manually

no trigger.
Comments
Dave-FX-Hunter
Nice analysis
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