With nothing in between able to hold the free fall of the USDCHF, we could keep trying to accumulate additional pips. In a current consolidation, the price action has formed what is known as a bearish engulfing candle pattern, signaling the bears' readiness to continuing diving-in pushing to price to the deepest level.
DXY, on the other hand, continue under the sellers' realm, with the price action heading towards the pandemic levels in last March.
The order:
Type: sell-limit
S/L: 47 pips - R:R | 1:2 -
T/P: aiming towards a confluence level allowing 1:2
--
*** If you like the idea, don't be shy, click on like and comment. If you do not agree, just comment ;-) | Thanks for your support!!! ***
DXY, on the other hand, continue under the sellers' realm, with the price action heading towards the pandemic levels in last March.
The order:
Type: sell-limit
S/L: 47 pips - R:R | 1:2 -
T/P: aiming towards a confluence level allowing 1:2
--
*** If you like the idea, don't be shy, click on like and comment. If you do not agree, just comment ;-) | Thanks for your support!!! ***
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FEEL FREE TO CHECK MY SOCIAL NETWORKS FOR MORE MARKET INFORMATION 🇺🇸 🇪🇸
INSTAGRAM:
instagram.com/og.fxtrader
FREE TELEGRAM:
t.me/ogfxtrader
TWITTER
twitter.com/ogfxtrader
FACEBOOK
facebook.com/ogfxtrader
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twitter.com/ogfxtrader
facebook.com/ogfxtrader
Publicações relacionadas
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
