400 PIPS CHANCE. USDCHF to fall further ?

731
Good Good Evening Traders !

Hope you all are doing nice during this trading week !

So guys, after being quite bullish on CHF, I've decided to keep a look aswell on USD.

It has been struggling since the beginning of the Pandemic, and its not showing much major improvements.

Here we have a very strong DOWNTREND, and what could be a bearish channel.

As you can see, we have multiples touches on the upper line, without a break-through, guiding this pair to a saturated point.

CHF has been performing nicely against a strong JPY during the past days ( another trade we keep holding ).

With a 110 STOP LOSS PIPS, and a 400
PIPS of TAKE PROFIT, I really believe we have here an awesome swing trade for the next couple of days !


Feel free to use this trade yourself, but remember to always keep a good risk managment.

CHECK THE LINK BELOW

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.