Get started
nsawa

Daily - Short USD/CHF

Short
U.S. Dollar / Swiss Franc (FX:USDCHF)  
nsawa  
FX:USDCHF   U.S. Dollar / Swiss Franc
usd_chf USDCHF short dailyanalysis
1
0
usd_chf usdchf short dailyanalysis
Trendline was tested and downward wicks have shown a potential move down.
I can see two trades:
  • Sell at around 0.972 with a stop loss of around 0.9815 (could be higher around 0.9845), Target the first support line at around 0.96
  • Same entry but with a target of 1.618 fib extension
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.