USDCHF: Running out of steam

Updated
Hi traders,

On the USDCHF it looks like we are ready to go down. Price has been going slower and slower over the past few days. Wait for a breakout to the downside and enter from there. Target is the 38.2% Fibonacci retracement of the February move.

Cheers!
Trade active
Note
Looking good. Moved stop to entry.
Trade closed: target reached
shortstructureUSDCHF

Related publications

Disclaimer