CHF/NOK Short From ResistanceThis has retraced back to resistance as expected, now there is the opportunity to short. If we see this rebound from this resistance and MACD remain below 0 and EMA's do not cross higher then this will drop. Target is 9.02671 where this should find support and bounce higher.
Chfsell
> GBP/CHF Breakout high GBP Strength across the board SELL CHF <We have been only trading on the long side of GBP across several of the majors during the past few weeks and have had some of easiest timed trades focusing in one direction.
A lot of money is lost by traders trying to trade both long and short especially within the same timeframe chart.
A lot of the feedback we get from traders is how to identify the best pairs to trade, there is so many ways to identify the very strongest VS the weakest Currencies at any moment in time.
Our Currency Heat Map is just one of the ways we are able to filter for the best currencies to pair up and trade.
GBPCHF has been fairly predictable and easy to trade the past few weeks with GBP remaining in the top of the table and CHF consistently near the bottom.
Price action has been very clean too.
Although original stop loss being tagged by just a few pips on the 11th another very easy opportunity was given to us to renter on the 12/02/2021