Trader_Landry

EURCHF NEW LOW THIS WEEK ?

Short
Trader_Landry Updated   
FX:EURCHF   Euro / Swiss Franc
Exactly as GBPCHF, this pair has made a pushback to the upper side of the ichimoku cloud but has also retested the 200MA. On the fundamentals side, the SNB is doing way better than the ECB fighting inflation. For these reasons I am going short on the pair with a target at 0.96727 (pivot) .
Comment:
Hold.. Patience is key
Comment:
Breaking out of the cloud. Selling pressure increasing
Comment:
New lower low! TP1 almost reached!
Comment:
Still active. PLease understand that those are swing trades. The RR to the target remains positive! Managre risk properly!
Comment:
TP1 HIT
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