MightySunfish

USDCHF Reversal Trade Coming?

Короткая
FX:USDCHF   Доллар США / Швейцарский франк

We have entered an area that I have identified as being an area of over-supply, and of course when supply exceeds demand, prices drop. There is bearish a trend-line forming from the top of the major drop back in Feb to the two recent peaks. I think it is now time to watch the 4 hour charts for bearish entry opportunities.
4 hour shows consolidation around this area and while it is possible it will trade higher, I think we are due for a swing back south.
15 Minute shows 2 recent peaks around the .9760 mark, which is where I will be looking for an entry if it gets back up there.

Profit targets 9600 and potentially 9400

Отказ от ответственности

Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.