USD/CHF short term correction lower
Last weeks correction lower likely to continue at first part of the week. RSI levels are extremely overbought, and red candles in last couple of days confirms that correction is on the way.
Would prefer to enter short term sell trade at 1.0025 levels, and would take profit at 0.9950-0.9900 with stop loss at 1.0065. This gives us at least 1.8 RR
Would prefer to enter short term sell trade at 1.0025 levels, and would take profit at 0.9950-0.9900 with stop loss at 1.0065. This gives us at least 1.8 RR
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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.