The USD/CHF Pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent Formation of a Bearish Flag Pattern. This suggests a shift in momentum towards the downside in the coming hours.
Possible Short Trade:
Entry: Consider Entering A Short Position around Trendline Of The Pattern.
Target Levels:
1st Support – 0.7878
2nd Support – 0.7855
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Possible Short Trade:
Entry: Consider Entering A Short Position around Trendline Of The Pattern.
Target Levels:
1st Support – 0.7878
2nd Support – 0.7855
🎁 Please hit the like button and
🎁 Leave a comment to support for My Post !
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI_TA_TRADING
Thank you.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Trade active
PlacedTrade closed: stop reached
Uncertainty around tariffs, Forex ?? How to Trade ?For Japan : 🟢
Trade deal with Japan, which lowers tariffs on auto imports to 15% in exchange for a $550 billion package of U.S.-bound investment and loans.
For Europe : Still not Finalize ? 🟡
The European Union is nearing a deal that would impose a broad 15% tariff on EU goods entering the United States.
For China : ? 🔴
U.S. and Chinese officials will meet in Stockholm next week to discuss an extension to the August 12 deadline for negotiating a trade deal.
The August 1, deadline for tariff deals still looms for many countries and investors remain cautious on how it will play out. ⚠️⚠️
Wait for Tariff Finalize and Then Trade Forex 💡💡
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👉👉 Join My Free Telegram Channel :
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📞📞Telegram me @t.me/kabhidhan
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📞📞Telegram me @t.me/kabhidhan
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.