USDCHF | Possible False Breakout

Please support this idea with LIKE if you find it useful.

Initiate Short.

Entry - 0.97589
TP1 - 0.97144
TP2 - 0.96890
TP3 - 0.96314
SL - 0.97735

Reason: The price might have done false breakout. It will be only confirmed if price crosses into the range again. So that we will initiate the short position.

Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable.

Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.

The information given is not a Financial Advise.