USD/CHF: Small trade based on RSI divergence and exhaustion

By SwissPips
Updated
Hi guys,

No trade for me today but it could a be a good idea to short USD/CHF based on a nice RSI divergence.

TP would be 0.98800, first fib level.

Trade with care.

Best,

Jesse

Comment
Should retrace at level of buying at least. Flat then out.
Comment
10 pips profit, but main trend is bullish so I wouldn't stay long, it was just a pullback trade.

Have a wonderful weekend !
Comment
We've got also this nice setup

snapshot
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Sorry the image got cut

snapshot
Comment
Usdcad going down nicely
Comment
The pair is about to touch its support at fib level and it looks like it's going to happen before the weekend.

Enjoy your weekend guys and I hope you made some profit on one of these 2 trades today!

Cheers

Jesse

snapshot
Trade closed: target reached
Chart PatternschfDivergenceForexfxSELLTrend AnalysisUSDUSDCHF

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