usdchf 2hours distribution re-short it tp 8850

3 Jul 2023

🔸Hello traders, let's review the 2 hour chart for USDCHF today. Bear flagging since June,
expecting breakdown and subsequent re-test of year lows near 8850 later.

🔸Short-term expecting more range-locked price action within the flag pattern structure,
position traders should stay on sidelines and wait before short selling from resistance.

🔸Recommended strategy for USDCHF bears: wait for price to re-test near 9020/9040
and short with SL 40 pips TP1 +90 pips TP2 +180 pips final exit at 8850 BEARS.
this is a swing trade setup, patience required. good luck!

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3 Jul 2023

Nota

nice progress so far

4 Jul 2023

Nota

eurcad 2h advanced xabcd setup short/hold tp 4250