USDCHF Trade Analysis for Short Position

USDCHF Trade Analysis for Short Position

Price break Daily Trend line and pull back to the breakout area

Price forming consolidation stage

Price rejection from daily resistance area

price break lower the recent H4 trend line

Look for price pull back and enter short trade

Sell Limit 0.97405
SL 0.98105
TP 1 0.97205
TP 2 0.96905
TP 3 0.96405

*Please apply your own risk management skill
*Risk no more than 1% of your trading capital
*Always trail your profit
*Apply BEP to protect your capital
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Disclaimer
The content on this trade analysis is subject to change at any time without notice.
Any information provided here is only the personal opinion of the author.
This information is intended for educational purposes.
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