Possible Short Opportunity In USDCHF
As of 08/25/2015 at 16:20 EST:
Unique Forex has identified a possible Short trade in USDCHF.
We will be watching USDCHF for a breakout of this Rising Wedge to the downside. This is an emerging pattern with high probability. Wait for a close on the 30 minute chart below the lower trendline of this rising wedge pattern before initiating a position. Targets of 0.93300, 0.93000 and 0.92500.
If this pair breaks up through the upper trendline this signal will be null and void.
Unique Forex has identified a possible Short trade in USDCHF.
We will be watching USDCHF for a breakout of this Rising Wedge to the downside. This is an emerging pattern with high probability. Wait for a close on the 30 minute chart below the lower trendline of this rising wedge pattern before initiating a position. Targets of 0.93300, 0.93000 and 0.92500.
If this pair breaks up through the upper trendline this signal will be null and void.
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