U.S. Dollar / Swiss FrancUpdated USDCHF, big deal needs another big deal to offset
12 days ago, i said that it was a BIG DEAL when this pair broke the multi-year red channel and engaging in green channel.
I put a resistance at 1.00076 as a short reference. I hope you would have shorted it .
Don't forget that i expected some retracement down to the blue region before the uptrend continue.but i didn't expect the retracement is done in a day :-)
Pure luck, not counted
Since it was a BIG DEAL to break the red channel, certainly it need another BIG DEAL (by Swiss central bank) to offset it :-)
I put a resistance at 1.00076 as a short reference. I hope you would have shorted it .
Don't forget that i expected some retracement down to the blue region before the uptrend continue.but i didn't expect the retracement is done in a day :-)
Pure luck, not counted
Since it was a BIG DEAL to break the red channel, certainly it need another BIG DEAL (by Swiss central bank) to offset it :-)
Note
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.
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.