USDCHF My TP is 0.79846 on a sell order of 1.58 lot and entry price of 0.80808. At this point of writing, profit is 633.85 excluding swap. will update again
USDCHF Many people think that because the Swiss franc is correlated with gold, the effect of US tariffs will benefit the franc, just like gold, but the issue of tariffs affects the economy, not gold reserves :)
USDCHF The heavier the retail long positioning, the more susceptible price becomes to downside pressure. Markets are structurally designed to move against the majority, and when retail is heavily skewed long, it often sets the stage for a contrarian move—liquidity hunts aren't a bug; they're a feature.
USDCHFIdea: USDCHF SHORT IDEA FULL BREAKDO… Trade Setup Link Above ^^^^ Sell limit order has been triggered in line with the swing trade setup. Price tapped into a major resistance zone with overextended momentum, offering a high-risk-reward opportunity.