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Price extended, potential retracement

Short
Euro / Swiss Franc (OANDA:EURCHF)  
TrainingTrader Updated   
OANDA:EURCHF   Euro / Swiss Franc
Trend Analysis
2
1
trendanalysis
Analysis: Price can be seen as extended can we can look to trade against the current trend. Since price is not over extended, risk adverse participants should only initiate a smaller position.


Short opportunity: Short at market reopening towards 0.98355 as Take Profit - 1 level
Comment:
TP1 reached. TP2 at 0.97564
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