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Usdchfsell

SELL USD/CHF at MARKET .9648My specialist indicator is flagging this pair as a SHORT trade. With the Dollar Index under 100 and falling , USD SHORTS are worth exploring. On the daily chart the BEARS look to be well in control of this pair and with WS1 pivot below current price and under WPP Mid-Pivot, a run towards WS1 and the bottom of the shown channel is favourite. I'm in at .9448 (green trend line) with a 83 pip STOP at .9731 and a TARGET of .9500 - which would be +148. As usual, I'll be moving the STOP to BREAK EVEN or better as the trade progresses. Might take a few days to hit target but its a set and forget trade that I expect to score with.
Short
by theforexportal
USDCHF Weekly OverviewUSDCHF as far as we are holding above the trend line keep buying until we reach the levels up,as far as the trendline is not broken keep buying those dips and look for continuation ,if we see a strong break below that trendline then we considered the situation as a possible continuation lower but not only a break, you need to see a break.. you need to see a correction ..something strong below the trend line , then start looking to sell,one candle break will not be enough as a break and a trend reversal, that is never enough for something like that to happen. ***Comment your thoughts down below!
by ForexCracked
1