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Usdchfshort

Time for the USD to take a breather - Selling USDCHF nowThis is a counter trend trade, so it is best to monitor it closely. If there is a break and close above 0.9700, I will close at least half the trade. The USD has been spectular but every currency ebbs and flows. There is a chance for us to buy USDCHF but it also means we can sell it to get there. USDCHF has made a high of 0.9700 yesterday and it is showing weakness in H1, M30 and M15. There is also a massive D1 pattern here. We are entering a quick sell position with the hope of buying it at 0.9640 again.
Short
by JD_TeenTrader
USDCHF Breaking ResistanceUSDCHF Breaking Resistance USDCHF recently broke its resistance at 0.9465 The next psychological resistance is at 0.9500, a break in this level will take tha pair to 0.9532 (Channel Resistance) If 0.9500 will not break, a short term pullback at 0.9460 will be a key price at the 4H timeframe.(Trendline Retest) If 0.9460 will not hold price may go down and consolidate near the 0.9400 level. (Trendline Structure Break) For this week, I expect USDCHF price will consolidate between 0.9500 - 0.9400 level.
by ginfrix