Usdchfsell
USDCHF SELL OPPORTUNITY USDCHF SELL OPPORTUNITY: A Nice Sell Opportunity Here With This Pair. Looking For Some Decent Down Move As We Cloe Of The Week. This Is A Perfect Entry (With A Decent SL) Or You Could Wait For A Pull Back And Enter In On The Trade. Remember TO Have Your SLs In Place Preferably 0.9953 Levels!!!
USDCHF - BEARISH SETUPHi traders, USDCHF is still Bearish . Don't miss this short. It has a huge potential.
As per my analysis, price action shall further move up to the below targets.
Entry: 0.99322 (or) Entry @ CMP
Take Profit: 0.97883 (TP1) & 0.95823 (TP2)
Stop Loss: 1.00532
Risk Vs Reward Ratio: 2.89
Go short the USDCHF ; Good Luck
USD/CHF ReversalTechnical Analysis
Looking for a reversal and to ease into some short term positions for USD/CHF, some great low risk short opportunities have present themselves.
RSI: Holding Over 70 indicating the currency is still being overbought, however have had a sharp declined indicating bears gaining momentum.
MACD: Giving off a valid short signal, as can be seen through the crossing of the MACD line through the Signal line.
Something of note is the massive disparity in the volume indicator; we can see on Thursday May 10th we had a huge spike in volume in USD/CHF and have dropped significantly which suggests less interest in the currency usually associated with 'sell signals', although its not indicative in itself therefore should be utilised with other indicators.