USD/CHF 60 PIPS Short
Updated
Reasons why to short USD/CHF:
Reasons why to go long on USD/CHF
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DXY looks Bearish but news can cause a bullish legg on the upside to 97.00 Area
Because sometimes unlogical movement in the market is logical movement, banks playing around.
- Parabolic SAR Indicates a Parabolic bearish reversal in price
Cloud breakout at the major resistance zone indicates sell pressure and more proof we are going to reverse because the previous cloud breakout at the major zone also indicated a sell off.
We broke the trendline and good selling support has shown
ATR indicates a rise in volume anytime soon which means big movements
DXY Looks Bearish
Reasons why to go long on USD/CHF
*
DXY looks Bearish but news can cause a bullish legg on the upside to 97.00 Area
Because sometimes unlogical movement in the market is logical movement, banks playing around.
Note
S/L set to Breakeven..Patience!
Trade closed: target reached
+5 pipsNo clear directional bias, so we leave the trade
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