Retail trader data shows 47.35% of traders are net-long with the ratio of traders short to long at 1.11 to 1. Our data shows traders are now at their least net-long USD/CHF since Sep 20 when USD/CHF traded near 0.93. The number of traders net-long is 10.36% lower than yesterday and 12.34% lower from last week, while the number of traders net-short is 2.53% lower than yesterday and 55.56% higher from last week.
We typically take a contrarian view to crowd sentiment, and the fact traders are net-short suggests USD/CHF prices may continue to rise.
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger USD/CHF-bullish contrarian trading bias.
We typically take a contrarian view to crowd sentiment, and the fact traders are net-short suggests USD/CHF prices may continue to rise.
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger USD/CHF-bullish contrarian trading bias.
Trade closed: target reached
USDCHF BUY SETUP SUCCESSTrade active
MILLION DOLLAR TRADE LOL!
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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.