With the DXY dropping and flight to safe haven assets the Swiss Frank has been getting stronger. On the Weekly we see a strong push to the down side breaking the CTL going back to March 2018. On the Daily we see the PA rejecting the minor daily support, 100SM and the CTL (March 2018). Looking for a retest of the minor (pink) support for a should or a break of the weekly (blue) support for shorts. We are ranging on the 4H so I would like to short from the top of the rang.
My arrows are purely for educational and visual representation of how i would like the trade to play out for executions. I have no interested in continuing to sell the majors against the USD as we are already so low!!
USDCHF
My arrows are purely for educational and visual representation of how i would like the trade to play out for executions. I have no interested in continuing to sell the majors against the USD as we are already so low!!
USDCHFOrder cancelled
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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.