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USDCHF H16: XABCD / BUY LOW/LONG +300/+350(SL/TP)(NEW)

לונג
FX:USDCHF   דולר אמריקאי / פרנק שוויצרי
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USDCHF H16: XABCD / BUY LOW/LONG +300/+350(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as LONG as I'm expecting a
SHORT/LONG sequence in this market.


🔸 Summary and potential trade setup
::: USDCHF 16hour/candle chart review
::: speculative XABCD in progress
::: expecting more downside in this market
::: shorting rips/rallies makes sense until PRZ/D
::: point D/PRZ near 8980 RELOAD BULLS
::: later reversal at D/PRZ TP BULLS +300 pips
::: recommend to RESHORT after RIPS / THEN flip LONG
::: recommended strategy: SHORT THE RIP / BUY LOW D/PRZ
::: near 8980 BULLS reload zone D / PRZ
::: lower risk strategy: buying near D/PRZ
::: SL 50 pips TP1 +200 pips TP2 +300 pips
::: this is lower risk / recommend to BUY D/PRZ
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BEARS
::: Sentiment outlook mid-term: BULLS/D/PRZ

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