USDCHF
USD / CHF
The dollar against the Swiss franc is still receiving a very large selling momentum, which brought the price back to 0.9000 levels
Now we notice that the price broke the rising Demark trend a while ago, and also the break was with a high momentum candle that may not provide an opportunity to re-test the trend.
Therefore, we will target sales directly, or we can wait for a re-test and seize the opportunity from a better place with less risk.
Objectives
0.8867
0.8758
Stop loss closed higher at 0.9180
The dollar against the Swiss franc is still receiving a very large selling momentum, which brought the price back to 0.9000 levels
Now we notice that the price broke the rising Demark trend a while ago, and also the break was with a high momentum candle that may not provide an opportunity to re-test the trend.
Therefore, we will target sales directly, or we can wait for a re-test and seize the opportunity from a better place with less risk.
Objectives
0.8867
0.8758
Stop loss closed higher at 0.9180
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.
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.