Hello, Friends!
We are going short on the EUR/CHF with the target of 0.938 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band. However, we should use low risk here because the 1W TF is green and gives us a counter-signal.
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Trade closed: target reached
We are taking profit boys
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✅JOIN my FREE Telegram Channel: t.me/elitetrading_signals
✅Contact: @elitetradingsignals_contact
✅Contact: @elitetradingsignals_contact
Related publications
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.