Time to Short USDCHF
Updated
Dear Traders,
My technical analysis indicates USDCHF has reached a peak and is primed for a drop. After conducting frequency analysis, I see clear signs this pair is overbought and due for a correction.
I have already entered a short position on USDCHF, with take profit and stop loss orders in place to manage risk. The setup looks highly favorable for a move lower.
While I can't guarantee anything 100%, the evidence strongly suggests USDCHF is headed lower from current levels. I believe going short here represents a high-probability opportunity.
Let me know if you have any other opinion.
Good luck
My technical analysis indicates USDCHF has reached a peak and is primed for a drop. After conducting frequency analysis, I see clear signs this pair is overbought and due for a correction.
I have already entered a short position on USDCHF, with take profit and stop loss orders in place to manage risk. The setup looks highly favorable for a move lower.
While I can't guarantee anything 100%, the evidence strongly suggests USDCHF is headed lower from current levels. I believe going short here represents a high-probability opportunity.
Let me know if you have any other opinion.
Good luck
Trade active
Active Trading $1000 initial depositLot size 0.1
Enter point: 0.8924
Trade active
I added one more sell position. Great opportunity.Active Trading $1000 initial deposit
Position 1: Lot size 0.1
Enter point: 0.8924
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Position 2: Lot size 0.1
Enter point: 0.8922
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