USDCHF Daily Sell - Retrace day due to an overbought condition
Yesterday, CHF pairs experienced a strong bullish impulse without any consolidation, indicating an overbought condition. As a result, we can anticipate a retracement in CHF pairs to occur before pushing higher. Therefore, we can consider taking a short-term sell today.
*Manage this trade carefully.
*Manage this trade carefully.
Trade closed: target reached
Target reached.
Related publications
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.
Related publications
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.