forexTrdr
Short

forexTrdr USDCHF SELLING AT TOP OF CHANNEL

FX:USDCHF   U.S. Dollar / Swiss Franc
Morning traders

Looking to go short US dollar versus Swiss Franc as the pair tap the descending trendline that has held since April and is highlighted in our trading view chart . The re tap again yesterday coincides with reaching overbought levels on stochastics. Given the market has been challenging recently we have have waited for confirmation of a cross over on stochastics and the lower highs pattern to confirm itself on hourly charts.

We are looking for the pair to retest and create a double bottom around low 97s.

Follow us on tradingview under forexTrdr to get our sample ideas free and immediately - its free to setup a profile and the charting tools and software is easier to use than Meta trader and most broker platforms. Or if you want a free one month signals trial with us please get in touch.

Good luck trading

from the Team at forexTrdr
I found trading CHF this week to be the most steady currency - the rest of pairs are going sideways!
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Get Help Ideas Published Followers Following Private Messages Chat Sign Out