I had been riding USDCHF long like 250pips+ on past weeks links
:-
Sad but true I don't want to stick with my long trade any longer now and I will update my older post of mine about USDCHF. I filtered my analysis this morning more deeply and I can now sense that the short has many rewards then long in the near future days. It's like 1:3 RR ratio if we could ever get the chance to enter from "0.99568". Even tho if it is not possible at least we have some good reward above 1:2+ if we sell from any level below it. I have clearly shown what the current market of USDCHF is trying to express us and in my view it has good reward in sell side rather then long. Time will tell us about the truth so we could see how USDCHF will react on this week. Chart tells everything itself.
:-
Sad but true I don't want to stick with my long trade any longer now and I will update my older post of mine about USDCHF. I filtered my analysis this morning more deeply and I can now sense that the short has many rewards then long in the near future days. It's like 1:3 RR ratio if we could ever get the chance to enter from "0.99568". Even tho if it is not possible at least we have some good reward above 1:2+ if we sell from any level below it. I have clearly shown what the current market of USDCHF is trying to express us and in my view it has good reward in sell side rather then long. Time will tell us about the truth so we could see how USDCHF will react on this week. Chart tells everything itself.
Note
In the weekly Chart, the price of USDCHF has already reached close to the resistance level Major Resistance level @ "0.99686". There could be a nice fall if this resistance level still fails to breakout! 
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.
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.