Similar to USDJPY, USDCHF has exhibited a change of character, initiating a bearish order flow for the week. Price has reached a key point of interest where a potential continuation to the downside could occur. The DXY is reflecting similar behaviour, supporting the bearish outlook.
An entry position has been established, and now it is a matter of monitoring the trade and allowing the market to develop accordingly.
An entry position has been established, and now it is a matter of monitoring the trade and allowing the market to develop accordingly.
Trade closed manually
Closed the trade with little profits
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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.