Roker1
Singkat

Flag pattern on USDCHF

FX:USDCHF   Dolar U.S./Franc Swiss
Hey guys,
this analysis may come too late but i want to share it anyway for i think it could be educational. On this pair price has recently created lower low, both on the 4HR chart and in the daily. Being the case, i'm expecting a bearish continuation. After a big impulse leg as in this chart we usually see brief form of consolidation like flags and triangles.
Here we can see a nice flag pattern that has been broken to the downside.
Price has already pulled back giving traders a chance to hop on the trend in a better position.
I'm always conservative therefore i want to set my first target at the retest of the lows, just in case i'm wrong.
The levels above are my entry, stop and target levels.

If you have any question, don't hesitate to ask.
Otherwise, see you in the next chart!
Perdagangan aktif: Target1 and Stop placed as above!
Perdagangan tutup: hentian tercapai
Se sei d'accordo, lascia un mi piace! Grazie
Canale Italiano: https://www.youtube.com/c/MisterForexIT
Ultimo video: https://youtu.be/0rIFF-j4kdM

If you agree, like this chart! Thanks
My last (english) videoanalysis here: https://youtu.be/RUySg8LW6Iw
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