TerryHarmonicTrading
Short

USDCHF - Bearish Butterfly at channel extreme

FX:USDCHF   U.S. Dollar / Swiss Franc
Hey guys, I will be watching USDCHF             for a potential short next week.

This is happening at the extreme of a channel.

As the channel is sloping up, my preferred bias is actually to buy low.

However, this could still work out nicely for us if we stay patient and only get in when we see reaction at the PRZ.

Please do not use a pending order, I will keep you guys posted.

EP: 1.0050
SL: 1.0120 (70)
TP: 0.97 (350)
Comment: Hey guys, for those of you who are interested how I trade, I prepared a report on how I will trade in Week 42.

Download report by clicking link below, no signups/login required.

https://www.harmonicforex.com/terrys-weekly-forex-market-report/download-now-terrys-week-42-forex-market-outlook-report
Comment: Check out my gameplan for week 44 here

http://bit.ly/2fdrCyu
we are heading towards the 1.000 figure. could give a decent bounce back at that level.

Reply
I agree with this, it should have a reaction at that level. But i guess the big reversal only comes after it takes out the sellers at $1 and hits our bearish butterfly completion a little higher. 5 point patterns > ABCD most of the time.
Reply
thx :)
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out