metalhe4der
Short

USDCHF short trade/idea

FX:USDCHF   U.S. Dollar / Swiss Franc
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1
Playing USD weakness, I am going short on this. The red line indicates my SL; green line indicates TP. If you are in this trade or are interested in this, I would also look to the 200ma as a target on daily frame.

Trade at your own risk if you take this.

Comments

I'm out of the short with a tiny gain. There's some support on hour/4 hour charts that I would like to see a break of lower, before going short again. If market continues higher than 0.959, I'd consider this an invalid short bias for myself (given I prefer higher probability trades).
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Agreed.
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