USDCHF Bearish Flag

29 thg 11, 2018

Hello Traders.


The US Dollar still locked in side way movement after the speech of Federal Reserve Chair Jerome Powell yesterday.
Today If we are going to see dovish tone during the FOMC, the green back is going to fall very hard.
We already have a bearish impulse from the top and currently the price action is going through a trend continution pattern known as flag wich give us strong probability to expect more down side.

Respect your money and never expose more than 2% from your capitle to the market,
This is not an investment advice, it's for educational purpos only.


Best Regards

30 thg 11, 2018

Ghi chú

Volatility is expected during the weekend on all $ paires,
Use your stop loss or move your trade on break even.

3 thg 12, 2018

Ghi chú

This still at 0.997, but it will come down.
UDSIndex is falling and S&P is rising sharply,
USDCHF will fall aggressively soon.

3 thg 12, 2018

Ghi chú

We did not had a strong break down on this paire, like USDCAD.
but the biger picture did not changed, even if we will see the dollar is pushing for more upside, we will hold our bearish view on this paire.

9 thg 12, 2018

Ghi chú

9 thg 12, 2018

Ghi chú

Or this can happen,
Impulse and flag pattern can push price back to the top of the channel.

21 thg 12, 2018

Ghi chú