U.S. Dollar / Swiss FrancUpdated Bearish Bias on USDCHF
Down movement is forecasted for USDCHF:
1. Huge liquidity run on the previous sessions.
2. Price respecting corrective channel in combination with Fibb retracement.
3. Channel is about to be broken and heading to 0.91790 to seek more liquidity
1. Huge liquidity run on the previous sessions.
2. Price respecting corrective channel in combination with Fibb retracement.
3. Channel is about to be broken and heading to 0.91790 to seek more liquidity
Trade active
1st TP has been reached. Now a retracement can be expected, and a new entry may take place.Note
Taking new partials now.Trade closed manually
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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.
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.