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U.S. Dollar / Swiss Franc

USDCHF September in the Spotlight

By RCtrader2
Updated
It appears the price is producing a horizontal channel on the USDCHF 4H chart. One could say that that is an expected accumulation evolving after an earlier bearish trend.
At the moment I look forward to shorting the pair with TP1 in the mid-area of the channel.
Note
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Trade closed: stop reached
Trade active
Re-entered shorts
Trade active
The price is moving in our favor.
Trade active
TP1 achieved
Trade active
Shorts re-entered.
Order cancelled
Trend AnalysisUSDCHFusdchfsetupusdchfshort
RCtrader2

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