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USDCHF Triangle Breakout and Trade Idea Premium Members Update: TP2 Reached

USDCHF Triangle Breakout and Trade Idea Premium Members

Published: 07-05-2018

USDCHF forming bearish symmetrical triangle pattern.

Break below 0.99100 will carry the price 0.98960  and 0.98700

If the pair does not break below the triangle, we will be focusing on the break above the triangle.

Update: Trade Reached the first target.

Our Midterm Targets will be 0.98700 and 0.98550.

Update: 07-09-2018 Second Target Reached. 40 Pips So far. We move SL to entry and wait for the 0.98550

 

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DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money

 

 

USDCHF  Forex Trading involves risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. Chartreaderpro does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.

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