USDCHF sell reversal pattern
As i published idea to buy EURUSD and USDCHF and EURUSD have big negative correlation - so I sell USDCHF and recommend to to this to all my clients.
Why?
USDCHF has sell level at 1.0042 and price is placed at the high of very big daily range started from October 2010.
So i try catch profit to sell USDCHF at 1.0035 SL - 1.0072 and TP - 0.9900
Risk Reward Ratio - near 3.39
So its good deal :)
Why?
USDCHF has sell level at 1.0042 and price is placed at the high of very big daily range started from October 2010.
So i try catch profit to sell USDCHF at 1.0035 SL - 1.0072 and TP - 0.9900
Risk Reward Ratio - near 3.39
So its good deal :)
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