USDCHF Short Trade Setup

2019-11-21 18:15:17

Hello Traders

My expectation is one more down impulse for the completion of the 2nd wave which is in the making after breaking the trendline. That's why I want to take a short trade. When it makes a new low, I'll start looking for long trade setups. As you can see I have placed a pending order under the last bottom but if it gives me a valid trade setup after the running flat, I'll sell from the higher price level with tighter SL.

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Trade with care.
Bulent