WEEKLY ANALYSIS USDCHF SHORT SETUP! (CLEAR TREND)
Good day traders! Wish you all have a pleasant weekend and do enjoy yourself and happy trading!
Start off with USDCHF! Price has been moving in downtrend for the past week and it has formed a symmetrical triangle chart pattern and this is an indication of bearish movement.
We strongly believe that symmetrical triangle is one of the most frequently appearance in USDCHF pairing. Head and shoulder has formed, too, which further pushing down the price.
The upcoming week, we will be looking for SHORT opportunity. A close below 0.94541 will expose the price to way below.
Always go for a clear trading strategy and enter trade with good risk management. It's always you versus yourself instead of you versus the market.
Start off with USDCHF! Price has been moving in downtrend for the past week and it has formed a symmetrical triangle chart pattern and this is an indication of bearish movement.
We strongly believe that symmetrical triangle is one of the most frequently appearance in USDCHF pairing. Head and shoulder has formed, too, which further pushing down the price.
The upcoming week, we will be looking for SHORT opportunity. A close below 0.94541 will expose the price to way below.
Always go for a clear trading strategy and enter trade with good risk management. It's always you versus yourself instead of you versus the market.