USD/CHF (10/10/17) *Potential 120 pips set up
This bad boy is still in melt uptrend for sure, but the recent Bear candle is getting more interesting.
It shows the likelihood of bear forces at play. It caused a strong wick/pin on the daily candle.
I am expecting a sell down (or) at least a pull back pretty soon.
We will need a bad news/events to trigger.
So. I am slightly Bearish right now.
Trade Safe,
s0nic
Disclaimer :
This analysis is purely my personal feeling/opinion.
This should not be considered as trade call.
Money can be won, but money can be lost during trading. Please do not treat trading lightly.
So, I advise you to do your own due diligence before entering any trades.
It shows the likelihood of bear forces at play. It caused a strong wick/pin on the daily candle.
I am expecting a sell down (or) at least a pull back pretty soon.
We will need a bad news/events to trigger.
So. I am slightly Bearish right now.
Trade Safe,
s0nic
Disclaimer :
This analysis is purely my personal feeling/opinion.
This should not be considered as trade call.
Money can be won, but money can be lost during trading. Please do not treat trading lightly.
So, I advise you to do your own due diligence before entering any trades.
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