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JoeFXPips

Bearish Breakout + Bullish Cypher

Short
U.S. Dollar / Swiss Franc (FX:USDCHF)  
JoeFXPips Updated   
FX:USDCHF   U.S. Dollar / Swiss Franc
Trend Analysis Harmonic Patterns Chart Patterns
2
0
trendanalysis harmonicpatterns chartpattern
The breakout has now occurred and a sell stop is now in place. Price is currently testing the trendline and if it closes below the breakout low, a short will lead into the bullish cypher.
Trade closed: target reached:
Breakout target hit
Comment:
If you entered the bullish cypher, your TP1 (38.2Fib) should now have been hit and SL trailed to below current market structure
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