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
--
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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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