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Usdchflong

USDCHF , Are you ready for sell ????Hello everyone According to the chart , we are in downward trend and we need pullback and rest the price the come to our sell zone then we can take short position , we have 2 zone for selling and if you take any position in any zone you can put your stop loss like our shown on chart Dont forget use stop loss and attention to money management Please at first check the chart in multi time frame and take signal then take position and sell ( Signal : hammer , ascending cover , descending cover , pattern price or ... ) Good Luck Abtin
Short
by Abtin00
USDCHF - Bullish BiasUSD - Strong Bullish 1️⃣ The dollar index (DXY) rebounded above the 94.00 level on Monday after a rebound in US Treasury bond yields after stronger-than-expected retail sales. 2️⃣ Market sentiment is in a Risk-Off state after disappointing economic data from China. 3️⃣ Recent inflationary pressures forced the Fed to do tapering earlier. CHF - Weak Bearish 1️⃣ The price value on EUR/CHF is currently under SNB monitoring, which could lead to the central bank’s intervention at any time. ===== Technical ===== Buy opportunities for the USDCHF if the price holds above the support level. ===== Risk to this trade ===== Any change in sentiment could turn the pair's direction. Don't forget to like, comment, and subscribe for more ideas.
Long
by MonsunAsia