I share my forecast.
I see the pair extremely oversold. MACD and Stochastic already changed the bias.
Anyway, I will wait for a break down level confirmation before going short.
Remember to do your homework and take your own decisions.
THIS IS NOT AN INVESTMENT ADVICE.
I see the pair extremely oversold. MACD and Stochastic already changed the bias.
Anyway, I will wait for a break down level confirmation before going short.
Remember to do your homework and take your own decisions.
THIS IS NOT AN INVESTMENT ADVICE.
Note
Correction: EXTREMELY OVERBOUGHTNote
Title Correction: USDCHF: Overbought. Wait Break Down Confirmation for ShortsNote
Stop Loss at 1,005Note
Unable to break the uptrend line. That is because I prefer to go short after a break down confirmation. With new data break down level may move up.
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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.
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.