[New] USD/CHF Short Setup; USD/NOK Reaches Target

August 1st, 2019: USD/CHF   Today we're looking at the USD/CHF pair for a potential trade opportunity. Daily Timeframe: We looked at the USD/CHF currency pair a while back and determined that an ending diagonal pattern was nearing an end.  Price then broke out of that pattern, to the downside, in what looks like 5 waves.  We might be seeing a correction higher right now that could lead to more downside pressure if we are right. 4-Hour Timeframe: If price can make it to the upper red warning line, then we would be interested in shorting USD/CHF.  We chose the upper red warning line due to the Fed's rate cut decision, which caused the USD to strengthen versus most other cross pairs.  Our entry zone will lie between 1.0100 – 1.0120; members of my Trade Forecasts will receive exit levels and trade management instructions in their personal dashboard, as well entry confirmation alerts in our private Telegram. UPDATE: USD/NOK (Profits Booked) Price reached our target and blasted right through it! It was a solid trade with a 1.55 R:R, and I never get tired of booking quick profits like this these! Thanks for reading today's Trade Report. Find out how you can change your life just by following along: Get Daily Updates & Entry Alerts Let's face it, trading is a highly competitive space, and you're going up against the big banks and brightest minds... So skip the needless losses, heartache, and inevitable hard lessons! When you join my Forecast group, you're getting the ultimate shortcut to consistency and success: signals, analysis, entry alerts, and even one-on-one support from ex-floor traders with 35+ combined years of experience - including ME! So you won't be left in the dark, and you won't have to fend for yourself. Oh, and did I mention that our account is up almost 4X since just last year? Click here to find out how you can become a Forecaster and grab my biggest discount ever - this weekend only.

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