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Wednesday, July 21, 2021

USDCHF H16: +675 pips Best Level to BUY IT(SL/TP)(NEW)

USDCHF H16: +675 pips Best Level to BUY IT(SL/TP)(NEW)

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USDCHF H16: +675 pips Best Level to BUY IT(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as SHORT because I expect more downside
short-term / before reversal (PRZ/D/BULLS).
Updated/revised with mid-term plan.


::: USDCHF H16/candle chart review
::: updated/revised outlook
::: SHORT HIGH near 9330
::: TP1 BEARS 500 TP2 BEARS 675
::: final TP BEARS 8700
::: FINAL TP is +675 pips
::: speculative XABCD in progress
::: BULLS get ready to buy low later
::: BEARS can SHORT from C/overhead
::: TP BEARS is 8700 point D below
::: outlook aligned with EURUSD outlook
::: however swing high required before PUMP
::: speculative XABCD setup
::: do your own due dill before entry
::: PRZ/D near 8700: best reload BULLS
::: recommended strategy: SHORT IT 9300/9330
::: SL 100 TP1 +500 pips TP2 +675 pips
::: nice low risk setup
::: might get triggered this coming week
::: SHORT/HOLD - swing trade setup
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
๐Ÿ”ธ Supply/Demand Zones
::: N/A
::: N/A
๐Ÿ”ธ Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BEARS
::: Sentiment outlook mid-term: BEARS/REVERSAL
::: Outlook: BEARS/REVERSAL C

RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.



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