Short

USDCHF OUTLOOK

Updated

current outlook on USDCHF.

with a longterm of the dollar being bearish towards the end of the year. This is my expected technical view on USDCHF

"May fortune attend thee, and thy trade prosper." .......L2Earned

Trade active

The first target has now been met (R:R 1:5). If you would like to take partials here, it is absolutely fine. Also, if you want to move your stop loss to Entry price. That is also fine.

"May fortune attend thee, and thy trade prosper." .......L2Earned

Note

Expecting further continuation lower in the second half of the year with more volatility.

"May fortune attend thee, and thy trade prosper." .......L2Earned

Trade closed manually

I will now be closing this trade at 0.86620 (RR 8.26) due to inter market relationship. I also expect dollar to pick some momentum to the upside( short term)

"May fortune attend thee, and thy trade prosper." .......L2Earned

Note

This was a fantastic analysis and Price was efficiently delivered on USDCHF, Target 2 was smashed today with volatility from NFP & unemployment data. Hope to see Target 3 reached in the following weeks.

Trade closed: target reached

Target 3 was smashed today! Wonderful price action on this pair. Although i expect further continuation lower, it was great to watch this in realtime.

L2Earned

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