USDCHF still looks bearish to me...
Updated
I'm still looking for this one to form lower low levels and my ultimate target would be the 0.88 level, but for now, I'm still looking for this one to test the trend line on the weekly chart. The dollar is still weak and while hyperinflation is starting to kick in slowly I think we are going to see the dollar index falling a bit more and that can help us to pull down this one as well.
My entry point is on the 1hr chart but my long-term technical analysis is based on the daily, weekly, and monthly. And as always RR is minimum 1:2
My entry point is on the 1hr chart but my long-term technical analysis is based on the daily, weekly, and monthly. And as always RR is minimum 1:2
Note
I've just pulled the SL to BE, just to make sure :)Trade closed: stop reached
SL was hit at BE, but I still think this one is going to fall so I might jump into a new short...
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