Lower lows and lower highs have been indicating that we are in a downtrend on the USD/CHF
Will open a shorting position around the 0.99200 mark if the market moves to this level.
s/l 0.99350
Target 0.98700
Will open a shorting position around the 0.99200 mark if the market moves to this level.
s/l 0.99350
Target 0.98700
Note
Price went to the next resistance level, can expect a pullback so will probaby open a short position
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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.