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justanotherswingtrader
Mar 14, 2019 4:55 PM

USDCHF Bearish Swing will go?  Short

U.S. Dollar/Swiss FrancFXCM

Description

Again, USDCHF, the previous trade idea was right with the direction of the trend. The bears are still in charge just that the flag didnt work out as what we expected.

Same kind of setup again, Bearish Flag Continuation pattern spotted here. 2 ways for me to enter this trade. Both are shown. but no pending order set for 2nd trade entry because i will need to see a confirmation at the blue zone. \lets see how it goes when i wake up tomorrow.

Cheers

Comment

1st breakout pending order has been removed. price did not move impulsely yet. means there is a chance for a better value entry at the top of corrective flag structure

Comment

MOved off as expected but completely miss this trade because i forgot about it. :D
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