USDCHF short!!
Hi guys,
As you can see this pair has enjoyed a wonderful rally in recent weeks. While the RSI is seriously overbought and has reached to a major level of structure and a reversing signal sitting on the top. I have gone short and expecting it to retrace at least to 0.362 level before deciding further movement. I have marked the tp and sl for your as well.
Let me know what you think.
Trade safe and good luck.
As you can see this pair has enjoyed a wonderful rally in recent weeks. While the RSI is seriously overbought and has reached to a major level of structure and a reversing signal sitting on the top. I have gone short and expecting it to retrace at least to 0.362 level before deciding further movement. I have marked the tp and sl for your as well.
Let me know what you think.
Trade safe and good luck.
Trade active
Trade closed: target reached
I hope you enjoyed the pips.
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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.
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.